/biz/ - Business & Finance

Anonymous Sun Aug 21 05:25:28 2022 No.51019809 [View]
File: 104 KB, 1186x2208, A805CB24-97D1-4786-A4BF-DF0E3FFB25C6.jpg [View same] [iqdb] [saucenao] [google]

>>51019593
You know when you buy an option how you pay money for the contract?
I was on the other side of that trade. So whatever premium some guy or market maker paid, I received as cash in exchange for being short the contract.
Right now, Im short two 23 C’s of FAZE that expire this Friday naked, meaning I don’t own shares in the underlying, FAZE.
I received 1.65 in premium for each contract, or $330 total
Now these contracts are trading for ~0.55 a piece as of Friday close
If I sold another contract Friday, I would have received $55 but my margin requirement would go up by ~$620.

Advanced search
Text to find
Subject [?]Search by post subject. Leave empty for any.
Username [?]Search for user name. Leave empty for any user name.
Tripcode [?]Search for tripcode. Leave empty for any.
Email [?]Search by email. Leave empty for any.
Filename [?]Search by image filename. Leave empty for any.
From Date [?]Enter what date to start searching from. Format is YYYY-MM-DD
To Date [?]Enter what date to start searching until. Format is YYYY-MM-DD
Image hash
Search in	All Posts OPs Only
Deleted posts	Show all posts Show only deleted posts Only show non-deleted posts
Internal posts	Show all posts Show only internal posts Show only archived posts
Order	New posts first Old posts first
Capcode	All Posts Only by Users Only by Mods Only by Admins Only by Developers
Results	Posts Threads
Action	[ Simple ]

Navigation
View posts	[+24]	[+48]	[+96]

/biz/ - Business & Finance

Search: