RTP - Options Question

Discussion in 'Options' started by stylark3, May 9, 2007.

  1. stylark3


    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?


    Does this mean that I could have made more than $1250 today on a $15 investment?

  2. swilner


  3. 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.