Recent content by Somadis

Thank you everyone. Options aint easy, but I like to learn by doing it correctly. What is a better way to learn then to ask questions then dive in? I am only focusing on puts right now as I don't plan to do too much options. I only do it on stocks that I strongly believe will go down. I'll just...

I use Charles Schwab as my broker. Would something like this works or should I increase my expiration date if I think Sears will fall to $8 by May 25th? SHLD 05/26/2017 9.50 P Buy to Open Quantity 100 Also, thanks to everyone for their advice. It is much appreciated.

All of that is really greek to me as I am trying to make my first option play? Would buying a put option with a strike price of 8.50 that expire on June 30 works for my case?

Can you elaborate please? I am just trying to find out if I should buy a put option or write a put option if I think Sears is going to below 8 next week. Can you give me some examples please?

I just opened a brokerage account to trade options. I am thinking making my first options trade, but I don't want to make any mistakes. I have a balance of 5K for this trade. So let's say that I think Sears will drop to $8 on ER day next week. Sears is at $9.45 per share at the moment. How do I...