Replies to post #594 on The Options Box (OBOX)

[Ruellit]

bbgold,
Would you mind explaining to me (a dummy about Options) exactly what this means? Adding FHRX $5 Calls at .40 I do understand you are expecting it to go up or you would have placed a Put instead of a Call. So I guess what I'm asking is whats the $5 Calls at 0.40 mean. Hope I've asked plain enough for you to answer. TIA

Muell