See how this works now Stoney?
I sold those calls for $3.40
DOCN is $28.27 today.
Whoever bought those $30 calls, lost $3.4 as they are worthless now.
So basically my cost basis on this stock is 29.50-$3.40 or $26.10
I think you got in at the same time I did... so while your position is $1.25 underwater... mine is $2.17 in the green.![]()
I still don't understand any of that. I want to but my mind just won't click in.
My whole career never understood options.