Hyliion Holdings Corp (HYLN)

[maynerd]

Hi. Hope you are having a great day!

Every option gives the ability to buy 100 shares at a specific price. So I usually buy options where the strike price is right under the share price. If it goes up, I can sell the option or exercise the option and buy 100 shares per contract at the strike price I bought...

If it goes down, I stand to lose the premium I paid for the option. So it can be risky and you need watch your trades much more, in case it goes against you.

Hope this helps some...