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Re: bbgold post# 1193

Tuesday, 11/01/2011 10:35:52 AM

Tuesday, November 01, 2011 10:35:52 AM

Post# of 2930
bbgold; Options question;

Would you help with this question... Im confused on how money is made (or loss) in options... – Is it on the difference in price of the stock or the price of the contract? - below is a virtual trade I made with prices of the stock and the contract.

11/01/2011 Sell To Close 100 SPXU Nov11 15 Call $1.25 $12,347.81
10/27/2011 Buy To Open 100 SPXU Nov11 15 Call $0.60 ($6,151.95)

11/01/2011 15.13 SPXU
10/27/2011 13.36 SPXU

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