Should I purchase 10 call contracts of BP for $340 with an expiration date of Dec. 2010?.
I am fairly new to trading options.however, let me ask you a question.If crude oil is currently trading at $83.00 a barrel,and I purchase 5 call contracts for $650 with a strike price of 90 and an expiration date of Jan. Lets say its now two weeks before the expiration date of Jan.And the price of Crude oil is 97. if I exercise the right to dump them, if I am correct to calculate my winnings I would multiply the number of barrels(1000) by 7= $7,000. Is this correct?..Thank you and have a great day.
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Countless times, I have asked myself-"How many times can a heart mend?" After being loved, falling in and out of love, swearing off love, rekindling love, searching for a new love, looking for and old love... Ladies and gentlemen-we never seem to stop. Everyone will have that first love....
by Gener Geminiano 8 years ago
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I am bored and want a new topic about any old crap. Half the topics I avoid because they are a little heavy in my small heavy life. What's everyone up to in their lives. Tell us something interesting or boring it does not matter but it has to be mindless garbage.
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Why do Credit Cards have an expiration Date
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