Hi,
I don't have much experience with options. I am bullish on EXK, and want to buy leaps, however my IB account only shows them out until May 2016. I want to go further out.
I initially wanted to have 100,000 shares of the stock at under $2. But that would stretch my capital, so am considering options. Am I correct in saying I can control the same amount of shares for around $30K?
Thanks very much....
I don't have much experience with options. I am bullish on EXK, and want to buy leaps, however my IB account only shows them out until May 2016. I want to go further out.
I initially wanted to have 100,000 shares of the stock at under $2. But that would stretch my capital, so am considering options. Am I correct in saying I can control the same amount of shares for around $30K?
Thanks very much....