/biz/ - Business & Finance

Anonymous Sat Jul 11 09:41:17 2015 No.814540 [View]
File: 196 KB, 1440x2560, Screenshot_2015-07-11-08-37-57.png [View same] [iqdb] [saucenao] [google]

Can someone help me understand options trading a little better? I read the investopedia guide on them and I thought I understood, then tried to look at a few stock options and got confused again. The strike price is what confuses me.

I was looking at NBG options and, if I even remotely have an idea of what I'm talking about, it says July 15 Puts are $0.11/option with a strike price of 15. Since NBG stock price is $1.21 though does this mean if I bought a call on this stock that it'd have to jump above $15 to make any money on it?

Also what do the (6) and 100 mean in July 15 (6) 100?

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