Here we go
Here we go
Can someone explain to me how the underlying price of a stock goes up but I don't see any profit on my options? My delta is 1 so I should gain dollar for dollar with my options. Am I missing something here?
I bought 6 VZ (Verizon) call options for 5.50 per contract that expire on the 2nd week of August with a strike price of 51. When I bought the calls, VZ was trading at 55.91 and by the close of the market it was at 56.26.Maybe you overpaid.
Have to know the stock and contract you bought to get a better idea.
I bought 6 VZ (Verizon) call options for 5.50 per contract that expire on the 2nd week of August with a strike price of 51. When I bought the calls, VZ was trading at 55.91 and by the close of the market it was at 56.26.
Shouldn't I be at a profit of $210? BTW this is my first time buying deep in the money.
Nope, no volatility. So it has to have high volatility for me to see profit?Is there any volatility in VZ? The implied volatility is probably very low.