LogFAQs > #952571739

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Topic	Stock Topic 27
Lopen 04/07/21 2:42:26 PM #23:	So it seems you don't entirely understand what options actually do When you buy a FUBO call for $22 strike it lets you buy 100 shares at $22 So if you pay $0.40 for the option your break even point on expiration is $22.40, so generally for something so short term you'd need to reach that price to make money. The volatility calculation can skew this as can the time remaining. Say it got to $22.22 tomorrow morning then it's going to be worth more than $0.40 but I wouldn't try to game that. That's the path to ruin --- No problem! This is a cute and pop genocide of love! <cite>Lopen posted [p:952571739] in Stock Topi... [t:79389605]...</cite> <quote>So it seems you don't entirely understand what options actually do When you buy a FUBO call for $22 strike it lets you buy 100 shares at $22 So if you pay $0.40 for the option your break even point on expiration is $22.40, so generally for something so short term you'd need to reach that price to make money. The volatility calculation can skew this as can the time remaining. Say it got to $22.22 tomorrow morning then it's going to be worth more than $0.40 but I wouldn't try to game that. That's the path to ruin --- No problem! This is a cute and pop genocide of love!</quote> ... Copied to Clipboard!
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