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Replies to #625 on Selling_Options

Kev2128

12/24/14 4:15 AM

#626 RE: zivtheziv #625

And if NFLX is at $500 and i want a call spread thinking it will NOT go higher than $500 i would sell the $500 and buy the $530?? What happens if i got this for Jan 23 and the stocks pops to $600 next week for some reason and then the next week it falls back down to $490? It's it matter or if it hits over $500 or higher the play is over?