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Android 2-73

07/15/16 11:41 AM

#68159 RE: Sold2early #68158

It's set
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BeingReal

07/15/16 11:44 AM

#68160 RE: Sold2early #68158

Whatever trading platform you use from your broker should have a tab for "Options Chain" Look at that for the details. Different stocks have different prices, AVXL has a $2.50 spread between strike points, they've added $10 and $12.50 recently, added a $15.00 strike today.
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thehype31

07/15/16 11:45 AM

#68161 RE: Sold2early #68158

There are strikes for 2.5, 5, 7.5, 10, and 12.5 that I can see.

For example, when the August Options showed up after June's expired, the 5 dollar August contracts were .45 cents, and now are worth $2+ since the stock price was in the low 4s and is now over $7.
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dayneyus

07/15/16 3:56 PM

#68202 RE: Sold2early #68158

The strike is set by the exchange $0.50, $2.50, $5.00, $7.50, $12.50, etc. the Premium (Option price) varies with the market price according to an Options Industry algorithm.