Sorry, I am new to options trading and am just 'testing the waters'. One thing that I do not understand is how options are priced. For instance, the June $28 options are currently priced at $1.80 but the March $28's are set to $1.65. This seems upside down to me.
Also , how are the options priced? and how often do they change? (I have found that I always have to pay the Ask price no matter what the Last price was - I am using Fidelity)
It makes sense that the June contracts are more expensive because you are buying an extra 3 months of time in which to be right. The more time you buy, the more time premium you are going to pay.
I would strongly suggest you visit this website and complete most of the courses before actually trading any options. I will link you directly to the pricing piece, but please use the whole site. It does a much better job of explaining options than anybody on this board (no offense to anybody else):