TheBlueWhaler

TheBlueWhaler t1_iy96b4a wrote on November 29, 2022 at 6:09 PM

Reply to comment by JZervas in Thankful for $GEO by mannahosanna

I'm an old man and I've been investing in stocks for 4 years.

TheBlueWhaler t1_iy4lb1m wrote on November 28, 2022 at 6:34 PM

Reply to comment by Worried-Egg-8560 in Thankful for $GEO by mannahosanna

IDK why you're giving me so much shit when I literally prefaced everything with "I'm brand new to options trading"

Thanks for the formula

TheBlueWhaler t1_iy4h77l wrote on November 28, 2022 at 6:07 PM

Reply to comment by Worried-Egg-8560 in Thankful for $GEO by mannahosanna

Yes, I need the formula tho

TheBlueWhaler t1_iy4dvjn wrote on November 28, 2022 at 5:45 PM

Reply to Thankful for $GEO by mannahosanna

I'm brand new to Options trading; Correct me if I'm wrong..

OP bought 600 contracts @ $1.13 each so 600 x 1.13 = $678

Then sold said contracts and made $9,000????