Recent content by pkm

Thanks for the prompt replies - i was a little unsure so it really helps just to get confirmation that i have the fundamentals correct with regards to options and the trade! I realise that i could have purchased ATM options but my goal was to achieve the maximum amount of contracts for the...

Hello, I am a novice options trader jumping in at the deep end and need some advice from some experts just to clarify things in my head! I have bought some May 28 Put options in a company (SIL) at a cost of 0.75 cents. 20 contracts at a cost of $1500 dollars (plus fees). SIL is currently...