What stocks yall buying during this crash? Let's get this money

broller

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average cost means the average price he paid for the right to buy 1 share at that strike price. in reality 1 contract is the right to buy 100 shares, so he spent $8.50 x 100 = $850 to buy the contract when the stock price was lower, and now the right to buy 1 share is worth $35.53 but again its bundled in groups of 100 shares you're controlling with 1 contract, so it's really $35.53 x 100 = $3553

profit = $3553 [contract's present value] - $850 [what he paid for it] = $2703

this is a good inro to options




be careful, especially with volatile stocks it can be easy to get burned bad. it's also not advised to buy options people aren't really trading (low "open interest", google it)


Respect for breaking it down breh
 

Knowledge

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I am SICK. i knew about it a month ago, looked into it, and decided i wouldn't gamble $3000 in it which is the amount i was looking to spend on a penny stock. shyt would of paid for another rental property or a shyt ton of dividend stocks. I need a time machine or some shyt
 

KING WILL

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Imhotep2

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I am SICK. i knew about it a month ago, looked into it, and decided i wouldn't gamble $3000 in it which is the amount i was looking to spend on a penny stock. shyt would of paid for another rental property or a shyt ton of dividend stocks. I need a time machine or some shyt

If you put that $3,000 in it, you'd have about $87K right about now. :wow:

Crazy thing is, it may still keep going up. They got a launch coming up June 15, may go up to $20+
 

Knowledge

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If you put that $3,000 in it, you'd have about $87K right about now. :wow:

Crazy thing is, it may still keep going up. They got a launch coming up June 15, may go up to $20+
Stop reminding me!!! :damn: Damn



:mjcry:
I heard a few of them boys on reddit made off with $100k+

Why risk your fredom dealing drugs with you can make dope money playing with numbers on a app legally? This shyt crazy
 

Knowledge

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how u figure
These fools all over social media and reddit trying to pump it. I got 1k shares just to see what it do, but we'll see if they lil scheme work or not

My golden child of the day been mfa though
Screenshot-2020-06-04-10-50-51.png
 
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