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clock Created with Sketch. 09/01/22
07:42
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Originally posted by ContraryJ:
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Absolutly. I looked at your post from what I could see you always say options. From my post.To all I just quickly scanned most of TT posts. In the first post he said options. In every post after that he said options. Absolutly wrong . Depending on where you are compared to current price there is a big differencing how much option price changes as SP changes. Look at any option chart. Look at in the money Puts with at least 2 months of time. Look at options at 3 differnt prices they change more as Price goes down VS Up. Now look at out of money Puts opisit is true. But you can buy many more out of the money Puts because Price is lower Same is true of Calls, but everything is reversed. This is why I have a program that I enter all the data into as well as my speculation of what price will do in one or two months this is both positive and negative change. and it draws curves to help me select the proper option, to maximize gain and minimize loss. Is it a sure thing absolutly not! Because it all starts with MY ASSUMPTIONS. Like everything Garbage in gives Garbage out and quality in gives Quality out. For any stock there are time options from a few days to multiple years. There many price options for each time period. A program just helps you pick the best one based on what you think may happen in each direction.
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Well I can't be 'absolutely wrong' as we don't know exactly what his financial instrument is, Also there must be some downside/ loss if the sp moves the other way otherwise it would be a one way bet/ licence to print money.
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