I entered into my first ever options trade today. Did sell to open and made a $1,200.00 premium and then the option should (hopefully) expire without me having to buy any stocks. The stock will have to go down 30% before the option expires for me to have to buy the stocks so I think I'm good. [Reply]
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Originally Posted by philfree:
I entered into my first ever options trade today. Did sell to open and made a $1,200.00 premium and then the option should (hopefully) expire without me having to buy any stocks. The stock will have to go down 30% before the option expires for me to have to buy the stocks so I think I'm good.