Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
From what I have read if you buy the following call option: [email protected]
The cost of this option would be $250. Your break even amount would be a stock price of $42.50
If the stock rises to 41 why not exercise? You've already spent the $250 to purchase the option...might as well get the stock at 40 instead of market value of 41 right?
Oh wait...the break even price is for trading the option...not buying the stock. You won't make a profit on it until it passes $42.50.
Can you help answer these questions from other members on NexusFi?
