InvestorsHub Logo
Followers 16
Posts 1297
Boards Moderated 0
Alias Born 07/21/2013

Re: Steady_T post# 426854

Friday, 08/11/2023 8:37:09 AM

Friday, August 11, 2023 8:37:09 AM

Post# of 462069
Steady, I'm far from an expert on options, but it's my understanding that delta plays an important role.
If an option has a delta of 1.00, the option moves in lockstep ( i. e. $1 in share price movement = $1 in option price movement).
This is important as most options are bought to be sold, not to be exercised.

Not trying to be nosy, just curious as to your intent/endgame with these options.

I bought a number of $3 Jan. 19th calls because the delta was near 1.00.
While the leverage I got was not as good as what you got, at the time the share price was $8.00 and the $3 option cost $5.15 so I only payed a .15 premium.

Also curious if you included higher(out of the money) strike prices in your spreadsheet?
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AVXL News