You've been warned!!!!!!!!!
Very incompetent, giving wrong information on the stock market.
What a bunch of #$%$, I purchased a option straddle because yahoo said earnings was today, I will probably loss now because that option play needs earnings so the stock makes a big move, I should sue them for false advertisement.
get out now!!!
The best way to play naked puts, is to buy them far out of the money and if the stock drops that low then buy them back and hold the shares because after stocks drop a good 8% they usually get a slight move to the upside.
yep your right, that would be net credit of a 125.00. learning options opens the door to lots of ways to play the market, cedit spreads are great way to make money, also put buying is a great way to play the downside. you can play options with a lot less capital then it takes to make money playing common stock.
You should learn options, it will free your capital up for othe trades. For instance, I could select a leap to JAN 2015, buy 1 call at the money 77.50 strike for $16.90, then sell the 77.50 strike put for 18.50, my cost out of pocket would be the difference in price betwwen the 2 witch is 1.25 x 100 shares =125.00. If I had bought the common stock I would be paying 7750.00 for control of a hundred shares. This trade is = to having the common stock, for every dallor the stock moves up or down, it moves the option value = all the way to JAN 2015. You cant beat that deal in a million years.
There you are, I was hopeing I would hear from you, I purchased a call at the $50.00 strike, the day before earnings, I think I will hold this position as long as the stock has high volume. I took a free advanced option class today and learned if you buy a call and sell a put at the same strike price it is the same as being long the stock, for very little money. Do you play options?
That was a old message, I went long yesturday morning
Are you a Q
UEER, your mom should stick soap in your mouth