I'm new to options trading and have been searching for information on how to trade options. I'm hoping I can get an answer here from someone more experienced than I.
I expect that XYZ stock will decline in the next month. How do I use option trading to cash in on this opportunity?
Below are my order options.
===============
Order Type:
Buy to Open
Sell to Close
Sell to Open
Buy to Close
Type:
Call
Put
Price Type:
Market
Limit
Strike:
Price:
Covered or Uncovered
================
If XYZ is currently trading at $25/share, and I believe it will hit $5 ... what orders do I need to place here?
Thanks!
I expect that XYZ stock will decline in the next month. How do I use option trading to cash in on this opportunity?
Below are my order options.
===============
Order Type:
Buy to Open
Sell to Close
Sell to Open
Buy to Close
Type:
Call
Put
Price Type:
Market
Limit
Strike:
Price:
Covered or Uncovered
================
If XYZ is currently trading at $25/share, and I believe it will hit $5 ... what orders do I need to place here?
Thanks!