Quick math

Discussion in 'Options' started by wxytrader, Oct 15, 2024.

  1. wxytrader

    wxytrader

    100 38 BITX contracts @.10
    100 34.50 BITX contracts @.20

    = 200 36.35 BITX @ .15?
     
  2. poopy

    poopy


    36.25, but no.
     
    taowave and wxytrader like this.
  3. mervyn

    mervyn

    very far from cars downpayment if you only play around 100 shares, lol, up the game
     
  4. poopy

    poopy


    100 "cars" contracts. Pun intended.
     
    SunTrader and HawaiianIceberg like this.
  5. wxytrader

    wxytrader

    200 contracts is 20k shares bud. :)
     
  6. mervyn

    mervyn

    wow, you are so silly. equty contractgives you 100x leverage, not account balance, hence the pnl is smaller when you realize the profits per $1 gain. why not trade futures and futures options, even index options?
     
    MACD likes this.
  7. S2007S

    S2007S



    Forget options at the moment...you promised a picture of the car!!
     
  8. wxytrader

    wxytrader

    Won't get the car if I don't have a down payment! Currently up $2600 :)
     
  9. S2007S

    S2007S


    I thought you said the car was all paid for and sitting in your driveway for picture time...???
     
  10. wxytrader

    wxytrader

    One is, the other I am picking up next week...hopefully this week.
     
    #10     Oct 15, 2024