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boca_bobby

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boca_bobby

Re: Tina post# 1318

Wednesday, 01/06/2010 11:58:34 AM

Wednesday, January 06, 2010 11:58:34 AM

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Ok you risked $12,360.00.

On paper, let's watch the Feb $21/CALLS @ $1.65 (ASK PRICE).

We will buy 6 contracts to represent 600 shares. This will be a good way to measure. So:

100 shares per contract X $1.65 = $165.00 for each contract

6 contracts X $165.00 = $990.00 of risked capital

That's a savings of about 92%.......


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