Learning options

Discussion in 'Options' started by ThisisaUniqueusername, Aug 11, 2020.

  1. Overnight

    Overnight

    It is not you, man. I am a dinosaur. I am from a time where we didn't post pics from a smartphone, because they did not exist. It seems cheep and quick, without much thought, on a subject as rich and complex as options.

    When you post a pic like this...

    https://www.elitetrader.com/et/attachments/20200812_101146-jpg.237139/

    It makes me think cheep. The hell does that screen represent? There is no info on it at all, except a few numbers with hyphens.

    Nevermind me, I'll go grump somewhere else.
     
    #11     Aug 12, 2020
    Warhead, luckyfnlou and Turveyd like this.
  2. That screenshot... well on my side had a caption asking if they were the strikeprices an the other screenshot was asking what the other prices were in the hundreds on the buy an sell part, an the last one of the chart i wrote above asking why it isn't showing me the cost of it..as igs options/platform seem different to the ones people are teaching online.If those screenshots didn't show up with captions or if my captions/description of them weren't that informative, then i understand your frustration, but with options, i don't fully understand why the buy and sell at 129 or 162 is different to strike prices an i don't know what to type in on Google for it to understand where I'm coming from even though I've come here an still can't word my problems correctly for help i though a screenshot of what i am looking at would be a headstart
     
    #12     Aug 12, 2020
  3. Turveyd

    Turveyd

    Strike Price say MFST $100 Strike If the Stock is at $100 then the $100 strike will expire worthless either Call or Put.

    If the Price expires at $110 then the 100 puts are worthless but the 100 Calls worth $10 x 100 = $1000 selling/expiry price.

    Then the Extra Value, is the Time value, the longer they have to Expiry the more of a time value you have, but this reduces as the time ticks away.
     
    #13     Aug 12, 2020
    ThisisaUniqueusername likes this.
  4. ironchef

    ironchef

    A humble suggestion: Since you are able to find ET, why don't you google "stock options". You will find thousands of websites explaining what and how on options. All else fails, try wiki, or CBOE.

    After you read them if you still have some very specific questions, those who know the answers will be happy to help. As is I really don't know what you are asking.
     
    #14     Aug 12, 2020
    terrifrancis likes this.
  5. I like them fried 'taters...

     
    #15     Aug 12, 2020
    Warhead and Overnight like this.
  6. Justrade

    Justrade

  7. realtrades

    realtrades

    #17     Aug 12, 2020
    ThisisaUniqueusername likes this.
  8. Justrade

    Justrade

    Last edited: Aug 15, 2020
    #19     Aug 15, 2020
  9. The best way to learn options for free is through vlogs and youtube videos. Or you invest in a proper paid online course.
     
    #20     Nov 24, 2020