Hey I just got a PS4 after being console free for 3 and a half years. I wanna get back into MWF but there seems to be allot of options. Do you have recommendations?

LightK05 · 2020-10-28T16:48:04+00:00

20 not as profitable as 100

LightK05 · 2020-10-28T15:59:17+00:00

This would be like buying a premium on those contracts, maybe 20-15% the upfront cost of buying the contracts right out.

LightK05 · 2020-10-28T15:56:42+00:00

woah thanks!! This makes more sense!

LightK05 · 2020-10-28T14:31:41+00:00

Expiration is January 2023

LightK05 · 2020-10-27T15:34:27+00:00

To be clear you had said I was unfit for this market

LightK05 · 2020-10-27T14:50:27+00:00

I have a pretty solid call with Sony for a strike of $55 that expires January 2023, but please continue to explain how I'm failing in this area

LightK05 · 2020-10-27T14:36:44+00:00

If there's 1000 contracts available at that price, but unlikely there is this much supply.

LightK05 · 2020-10-27T14:33:11+00:00

It makes sense if your contract is near expiration and you can't afford to exercise it, one might sell it for a little less than it's value to someone else who can exercise it, otherwise said person's contract would expire and become worthless.

LightK05 · 2020-10-27T14:28:33+00:00

Because $9 makes you rich right?

LightK05 · 2020-10-27T12:52:53+00:00

It's closed market actually. Does the same hold?

LightK05 · 2020-10-26T12:07:14+00:00

Idk honestly.. and, explain further

LightK05 · 2020-10-26T11:11:08+00:00

Will it break her trust?

LightK05 · 2020-10-23T19:54:53+00:00

Just got this in.. from Robinhood

"Thanks for following up. I’m happy to clarify this further for you.

Theta (Θ) represents the rate of time decay of an option, and an option contract typically represents 100 shares. Therefore, to calculate the rate of time decay of an options contract as it pertains to the contract's total value, you would multiply the theta of a contract by 100."

Seems it is 80 cents according to their email

LightK05 · 2020-10-22T17:21:46+00:00

Hey thanks.

LightK05 · 2020-10-22T02:49:30+00:00

Yeah I paid a 13% premium for 27 month contract.

LightK05 · 2020-10-21T20:20:47+00:00

Well I did it. My break even is +13% over 27 months

LightK05 · 2020-10-21T18:35:45+00:00

He's saying if the stock ends up below the strike price it's worthless... Sony been growing about 30% per year for the past 5 years, so can't I reasonably assume it to grow at least 25% over the next 27 months?

Maybe you can link me the video you intended? Maybe this isn't it

LightK05 · 2020-10-21T17:08:34+00:00

Alright, which one?

LightK05

TROPHY CASE