Quote from TheROTrader:
LOL, thatll do it. Perhaps you should read up a bit on volatility and options pricing..........just perhaps
Probably a good idea
Truth is this was only my second options trade. I figured since I have experience trading that the same principles applied with options more or less. Then after the BAC earnings announcement I realized that perhaps I was missing some important information!
Of course when I called my broker all they could tell me was that options have strange price movements LOL. Anyway, I'm glad I found this board while looking for answers. Seems like a great resource!