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BeingReal

07/15/16 10:58 AM

#68149 RE: XenaLives #68140

The option strike price is the dividing line of if an option is In or Out of The Money. At today's strike price of $7.50, the longs need it to be higher, the shorts need it to be lower. Although a simplistic view, it's the main idea to be understood. Is it more clear than mud now?
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Bud Powell

07/15/16 11:03 AM

#68150 RE: XenaLives #68140

Here's one ip_man endorsed awhile back.

http://www.theoptionsguide.com