Submitted by mannahosanna t3_z727cl in wallstreetbets
root_over_ssh t1_iy537yh wrote
Reply to comment by TheBlueWhaler in Thankful for $GEO by mannahosanna
Each contract is for 100 shares, but the price listed is per share, so for every 1 contract, the cost is 100x the quoted price. So if you buy 600 contracts at $1.13, it is 600*100*1.13 = 67.8K
The 9k is the price change for today only (so current total value - value as of end day yesterday)
The number at the bottom of the screenshot is the total gain... so the current value of the contracts - what was actually paid (177k-67.8k)
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