This has alot of things to do while that put is not profitable. There's no time decay. There's no Volatility on the contract so now it perfectly rely on intrinsic value to do the job which is not. But in order for me to make a correct decision on why that contract ain't profitable you need to...
USA is not going to collapse anytime sooner if it did it woulded happen 2008. Foreign Countries need USA and USA need Foreign Countries. Think about it. If USA collapse how China economy going to keep growing at the rate it's growing now? WE buy 95% of their items were the reason why China is...
What is the maximum limit to how many option contracts you can have. For instance when you bout to put in how many option contracts you want. is it 1,000,000?
Yeah actually I have paper trading with my broker so actually I have to wake up and trade just like you guys. I have other investments too but I really want to get into options actually I have but still a few things I need to read like volatility and black scholes model.
Well you know read up on which i call "mastered" me noob. But anyway I bought me some Volatility books today bout to start reading them in about a few hours once the inside of my house noise kinda clear down so I can read :D.
Oh Okay sorry I took it the wrong way. Well yes I'm trying to make Options my main trading Vehicle. So i'm actually paper trading options until I fully understand. I only need to really understand Volatility that's really it. Everything else I mastered already. Greeks , time decay , strategies...
Lmao I'm Human just like you are we make mistakes. Even Professional Traders make the simplest mistake just because I was wrong on something that was simple by just checking my trading platform doesn't mean It's the end of the world for me.
I don't want to quit ,I love to learn, I can use this site as a refrence book -.-. But yeah you can profit from deep itm contracts but I don't like paying high for a option contract. But I forgot everybody has different Trading Rules and Trading Theory. So that's where i'm wrong at. But hey...
Oops you guys are correct. I just looked at my Trading platform and turned it where i can see the contract volatility and it was higher but i always read in the books that atm Volatility is the highest then once you go deeper itm it gets lower or i might of misunderstood his concept. But anyway...
He was talking about deep itm (Volatility). Sorry for if you understood me wrong. I understand your concept but that what he was not asking for. I was writing about the concept of Deep ITM Volatility. Oh yea BTW if you want to buy a deep itm. You'll have a better chance of doing LEAPS than that...