Long winded Stock options questions , sorry
- Thread starter cmecu
- Start date
Yes, you can "Sell to Close" the CFVI for $22.50 and the FUBUx2 for $19. (closing price on friday may be different by tuesday when they open)
Awesome. I got a message to you in email to see if it works. And yes that video you posted . I got 1/4 of the way through it.. but got sleepy , went to bed.. computer rebooted during night.. and I couldnt find that video again.. He seemed like he knew a lot of stuff.. .thank you gonna finish watching it.
None, That is not my preference for learning style. Having ADD makes it very difficult to stay focused on reading. Plus my eyesight wouldnt be able to read a book for any length , too much a strain on my eyes.
All of my books I use for college are online so i can make the print bigger. Even then I spend more time listening and watching videos than I do reading.
I wish I had my learning type tested when i was younger, I wouldnt had struggled so much through highschool. I was D's and F's in highschool, but in college I have been on the Deans list twice, carry a 3.2 A lot of that I contribute to learning or finding out what my best learning style is.
Here is the thing about any book.. There is so much fluff in it only about half the content is important, the rest is just pointless words.
The video that was posted above is a great video, and I have seen many from I think its called tradersfly .. I have watched videos from Fidelty website, and Ameritrade. Im actually going to be spending the entire day this Tuesday in Webinars on Fidelity that are structured for beginners into options and then there are others after that one.. So pretty much all day Tuesday will be learning stuff.
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I get it....Have you looked at
https://optionstrat.com/
Its a pretty good visual tool,I think it would be helpful..
I believe they offer a free trial
https://optionstrat.com/
Its a pretty good visual tool,I think it would be helpful..
I believe they offer a free trial
Oh i like that tool.. I was watching a woman last night on you tube , who also talks about stock option , her name was Black Girl Stocks .. She was talking about a tool kinda like you just linked above , its called Tiblio..
I have been learning the basics of calls and puts.. on how to place them, but those questions I asked back on first page were questions that I hadnt seen any of these people talk about ..
I think the biggest one was I didnt know you could still sell your position even if your not in the money. Like I had Ford last week.. 2 days left.. It was 25 dollar strike.. it was going for like 23 at the time, so I got a pretty good premium because of time left and the strike being 2 dollars OTM. The stock did shoot up to 25.80 , and I would had sold it then, but I was at a meeting with a financial advisor and missed out. When I got home, the stock had went back down to 25 , and floated around there rest of that day and next day.
I thought you had to be above the strike price to sell your position. I had no idea you could be under, and maybe recover some premium loss, if someone buys.. I was wondering why my account balance was showing green + balance of 20 dollars or whatever it was.. maybe 10 dollars.. I ended up letting the call put expire ..
None of the videos I had watched went into detail about that. They were great on explaining how everything works , and how you do them.
And I couldnt find any where that talked about if you have 100 shares of a stock and want to Sell a Covered put / call , how to figure out what price to set the limit at to get a decent premium.. Thats why i asked about ENSC , and BKR88 explained some of that to me. It wouldnt be a good idea right now anyway because there are only 3 strike prices, no open int, there was no volume .. maybe if people show interest in it again.
I was thinking about something else. Lets say I dont want to go the option route.. and I am not looking for that long shot chance for a big game high risk..
Why couldnt I just do a lot of research on a few stocks, maybe some companies who look promising and go public..
buy shares outright.. hold them for a day or so ,, hope they go up to where you might make 100 dollars or so.. and then sell them the same day, or sell them the next day to maybe avoid getting too many trades in the same day and be flagged a day trader.. I dont have 25k in my account.
If I do invest on a stock and the shares stay same or go down, just hold onto them until they come back up and look for new investment.
I dont care about making huge money, it would be nice, sure options would be nice, but its a lot of money upfront with the premiums.
Right now I have most of my investment in PEAR. I researched their company thoroughly , I like the idea they are presenting, I like the product they are offering. I like that they are the only company who has 3 approved FDA products that are PDT. I have 600 shares of their stock, and I plan to get up to 1000.
https://www.sec.gov/Archives/edgar/data/1835567/000119312521195691/d138831dex995.htm
https://peartherapeutics.com/pear-t...ers-in-recovery-from-substance-use-disorders/
https://www.forex.com/en/market-analysis/latest-research/pear-therapeutics-spac/
I have been learning the basics of calls and puts.. on how to place them, but those questions I asked back on first page were questions that I hadnt seen any of these people talk about ..
I think the biggest one was I didnt know you could still sell your position even if your not in the money. Like I had Ford last week.. 2 days left.. It was 25 dollar strike.. it was going for like 23 at the time, so I got a pretty good premium because of time left and the strike being 2 dollars OTM. The stock did shoot up to 25.80 , and I would had sold it then, but I was at a meeting with a financial advisor and missed out. When I got home, the stock had went back down to 25 , and floated around there rest of that day and next day.
I thought you had to be above the strike price to sell your position. I had no idea you could be under, and maybe recover some premium loss, if someone buys.. I was wondering why my account balance was showing green + balance of 20 dollars or whatever it was.. maybe 10 dollars.. I ended up letting the call put expire ..
None of the videos I had watched went into detail about that. They were great on explaining how everything works , and how you do them.
And I couldnt find any where that talked about if you have 100 shares of a stock and want to Sell a Covered put / call , how to figure out what price to set the limit at to get a decent premium.. Thats why i asked about ENSC , and BKR88 explained some of that to me. It wouldnt be a good idea right now anyway because there are only 3 strike prices, no open int, there was no volume .. maybe if people show interest in it again.
I was thinking about something else. Lets say I dont want to go the option route.. and I am not looking for that long shot chance for a big game high risk..
Why couldnt I just do a lot of research on a few stocks, maybe some companies who look promising and go public..
buy shares outright.. hold them for a day or so ,, hope they go up to where you might make 100 dollars or so.. and then sell them the same day, or sell them the next day to maybe avoid getting too many trades in the same day and be flagged a day trader.. I dont have 25k in my account.
If I do invest on a stock and the shares stay same or go down, just hold onto them until they come back up and look for new investment.
I dont care about making huge money, it would be nice, sure options would be nice, but its a lot of money upfront with the premiums.
Right now I have most of my investment in PEAR. I researched their company thoroughly , I like the idea they are presenting, I like the product they are offering. I like that they are the only company who has 3 approved FDA products that are PDT. I have 600 shares of their stock, and I plan to get up to 1000.
https://www.sec.gov/Archives/edgar/data/1835567/000119312521195691/d138831dex995.htm
https://peartherapeutics.com/pear-t...ers-in-recovery-from-substance-use-disorders/
https://www.forex.com/en/market-analysis/latest-research/pear-therapeutics-spac/
Just checked out Tiblio..Its VERY different than Optionstrat..
I admire your eagerness to learn,but I think that options may be a difficult path for you...Not saying you can't do it,but derivatives are more challenging and complex than trading the underlying...
At some point you will need to come up with an approach,technical,fundamental,a combo,coupled with sound money management rules..
You should probably backtest and get a feel for the various risk reward metrics of your approach..
I'll be 100 percent honest with you.If you can't get thru a book on Trading stocks like Oneils "How to make money in stocks" (Canslim),you probably should think 2x before going down the rabbit hole..
Good luck
I admire your eagerness to learn,but I think that options may be a difficult path for you...Not saying you can't do it,but derivatives are more challenging and complex than trading the underlying...
At some point you will need to come up with an approach,technical,fundamental,a combo,coupled with sound money management rules..
You should probably backtest and get a feel for the various risk reward metrics of your approach..
I'll be 100 percent honest with you.If you can't get thru a book on Trading stocks like Oneils "How to make money in stocks" (Canslim),you probably should think 2x before going down the rabbit hole..
Good luck
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Apprecaite the feedback.. Even thought I dont learn quickly from books, doesnt mean I cant. As for complex mathematical stuff. No issue there. Math is quite a huge part of my major being a computer science networking cyber security.. Derivatives are fine with me,, Its learning the lingo.
As for the book you mentioned quite a many people 1 star it and their reasons why, of course plenty of 5 star too.. A book cant teach you everything. There is nothing better than getting hands on experience.. Thats why I think Think or Swim paper money will be a good way to go with out worry of real money.
As for the book you mentioned quite a many people 1 star it and their reasons why, of course plenty of 5 star too.. A book cant teach you everything. There is nothing better than getting hands on experience.. Thats why I think Think or Swim paper money will be a good way to go with out worry of real money.