options

Quote from kcnewtrader:

ive took a course on options and it talked about deltas and stuff like that but the part it didnt explain is how i know when i have a profit or not. if i bought a call and the stock went up how do i know when ive made a profit or not. And the premium that I pay for the option is that lost when i buy the option or does it go to the value of the option so do i gain a profit for each dollar the stock goes up with in the money calls or does it have to go up the amount of the premium to make up for what was already lost before I gain any kind of profit at all.
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The answer to your question is that it seems to me that you do not have knowledge in options trading, the best way is to start learning how to trade options. By suggestion is for you to go and buy a book like Options for dummies book (not impling that you are dumb just the name of the book, I have one as well) Or you can go to an options website like: http://financialsaint.com/cms/cms/viewer/page/324/p_id/304
 
Quote from HumbleBobby:

The answer to your question is that it seems to me that you do not have knowledge in options trading, the best way is to start learning how to trade options. By suggestion is for you to go and buy a book like Options for dummies book (not impling that you are dumb just the name of the book, I have one as well) Or you can go to an options website like: http://financialsaint.com/cms/cms/viewer/page/324/p_id/304
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Greeks are very important: Delta Gamma Vega(kappa) Theta Rho
Vega is not Greek his a different nationality
 
I cant believe I read the whole thread - its like watching and enjoying a car crash - I think Ive lost some brain cells too
 
Quote from Pinozi:

I cant believe I read the whole thread - its like watching and enjoying a car crash - I think Ive lost some brain cells too
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Well said! DO IT!!!
 
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