Options yesterday on May 300 Calls For RTP was .15c Today's High on these Calls was 12.80. Does this mean that one option yesterday would have cost me only $15.00 plus commissions? and Does this mean that I could have made more than $1250 today on a $15 investment?
That's exactly right - the beauty (or pain for the other side) of options is leverage. Taking a little money and turning into a lot. Keep in mind that RTP is up 11% today. That's good even without options. Think of options gains in %, not just in $ and you'll see the benefits and risks easier. http://mytradersjournal.com/stock-options/