WebThe options expire 8/10 at close (strike price at $359 so they were about to expire OTM which is what I want), I had initially received a $44 credit for selling the spread. I wanted to hold both contracts (the one I sold and the one I purchased) through the end of the day to maximize my profit. WebJan 28, 2024 · The optimal way to do this is to simply execute the opposite transaction –sell the lower call strike and buy the higher call strike, as a package, for a credit. If the stock goes above both strikes (keep in mind, this is the best-case scenario), you’ll be near the max theoretical profit.
Robinhood Options Review 2024: Is It Worth It? - Investing Simple
WebIn this guide we'll dive into how to trade options on Robinhood. Their free commissions makes it cheaper than ever to get started! WebAug 26, 2024 · When you buy a straddle you’re buying two options: a call and a put. As a result, you pay two premiums. For example, imagine an at-the-money call that’s trading for $5 and an at-the-money put for $5.25. You’d pay $10.25 to buy the straddle. how old is honey boo boo today
A big, little primer on options - Robinhood
WebIf you don’t have enough buying power to exercise your option, we’ll sell the contract in the market for you about 1 hour before it expires. Once your contract expires, we’ll remove it from your home screen. You can view your expired contracts in your account history. A long strangleis a two-legged, volatility strategy that involves simultaneously buying a call and put with different strike prices. Both options … See more To buy a strangle, pick an underlying stock or ETF, select an expiration date, and choose a call and a put. Typically, the two strikes are out-of-the-moneyand equidistant from the … See more A long strangle is a volatility strategy. You might use it when you’re unsure which direction the underlying stock will move, but you think it’s going … See more A long strangle is typically used to speculateon the future volatility of the underlying stock and has no directional bias. Instead, you … See more WebFeb 12, 2024 · If your options contract is in the money, Robinhood's platform will automatically exercise it before it expires. This is useful for investors who may not want to keep track of each option closely every day. If you want to exercise your option early, you can do so simply by tapping 'Exercise' and then following the instructions on the screen ... how old is honey candy in adopt me