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S&P 500
5,222.68
(
0.16%
)
US TECH 100
17,650.00
(
0.05%
)
Dow Jones
39,512.84
(
0.32%
)
Brent Oil
82.59
(
0.00%
)
Bitcoin
60,828.20
(
0.05%
)
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Qone0

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Qone0

Re: Sendme post# 900

Friday, 02/02/2018 2:53:08 PM

Friday, February 02, 2018 2:53:08 PM

Post# of 1358
LOL, not much there to pick. I just was educated on the power of options. 1 contract controls 100 shares. So if you have 50 contracts It's the same as 5k shares. Buy the options 2 or 3 months out so there is time before they expire. Pick the strike out of the money. Wait for an extreme and act. If the stock moves against you, keep adding.

So using GDXJ as an example 50 contracts at .33 would cost $1650. 50 contracts at $1.00 would be worth $5000
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