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sleektrader

05/19/08 9:15 AM

#18272 RE: pennies2007 #18271

I got my options account open now pennies...so I am ready to start making some real money....LOL

I wanna giggle like a 10 year old too!!!!!
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boca_bobby

05/19/08 9:18 AM

#18274 RE: pennies2007 #18271

Here's what you can expect for June contracts:

Min:

Share Price - Strike Price = Contract Price

$180 - $155 = $15

So you can expect at least $15 for your contracts. But here's the kicker, the more time still left before expiration, the more you can add to that $15 figure. The reason for this is the time decay factor.

Now can you guess what my August $170/CALLS will be worth if we hit $180????

I would think they may be worth more than the June $155/CALLS!!!

WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

Boca_Bobby