Recent content by 101option

I understand now how risky the stock option is. Timing and following it very closely is what I need when doing stock option. hmm!!! not simple and straight forward as I think. Thanks again.

Thanks MTE and atticus. I am still puzzled. 1. what is Option market: 2.75 x 3.00 (I understand to sell the option below the actual, 2.75 instead of 2.90, but what the 3 is) 2. so if I let it expires, I will have to shell out 4800 (not 5090) to own 100 shares, right? I always think the...

Hi all, let say I buy a call of BP for March 19, Strike 48 at .90/share. The price now is 47.30. OK, between now and Mar 19, it must go at least above 49/share before I can profit (excluding fee). My questions are, please explain: 1. What happens if I let the contract expires and the price...