Well you have a 8.50 put, which gives you the right to sell the
stock to someone at that px. If the stock does open say at 6.80,
then you have an intrinsic value on the put for the difference in
price, which would be $1.70 per share. Won't have much time value
because it expires this week. If you own some at that price, good
job. going to have a good trade. Indicated around 7 now because oil
has bounced a little off it's lows in the futures mkt.
Could anyone tell me where
Posted by 3rdmilcharts on 8th of Mar 2020 at 06:37 pm
Could anyone tell me where these might open tomorrow?? Lol
well crude is down 20%
Posted by matt on 8th of Mar 2020 at 06:39 pm
well crude is down 20% currently if that were to be the case tomorrow morning, you could roughly calculate that based off the delta of those options
Do you have time to
Posted by 3rdmilcharts on 8th of Mar 2020 at 06:50 pm
Do you have time to School a young lad on a Sunday, I started trading options in January.
What do you want to
Posted by racerick on 9th of Mar 2020 at 05:30 am
What do you want to know? USO is indicated at around 6.80 at the moment. If so, puts will be worth around 1.75 ish
That’s what I wanted, to
Posted by 3rdmilcharts on 9th of Mar 2020 at 05:50 am
That’s what I wanted, to know, do you mind telling me how to calculate that?
Well you have a 8.50
Posted by racerick on 9th of Mar 2020 at 05:57 am
Well you have a 8.50 put, which gives you the right to sell the stock to someone at that px. If the stock does open say at 6.80, then you have an intrinsic value on the put for the difference in price, which would be $1.70 per share. Won't have much time value because it expires this week. If you own some at that price, good job. going to have a good trade. Indicated around 7 now because oil has bounced a little off it's lows in the futures mkt.
I have half a position
Posted by 3rdmilcharts on 9th of Mar 2020 at 06:04 am
I have half a position I purchased at .045 i bought 8 puts total on Thursday. Trying to figure a limit price, thank you.
I don’t trade options often,
Posted by 3rdmilcharts on 9th of Mar 2020 at 06:07 am
I don’t trade options often, usually I’ve just Been pairing the with an ETF trade if I can get cheap options under a dime.
Not a terrible idea in
Posted by racerick on 9th of Mar 2020 at 06:13 am
Not a terrible idea in today's markets
Yes it's called turm-Oil. Get
Posted by stevieb294 on 8th of Mar 2020 at 07:18 pm
Yes it's called turm-Oil. Get ready.