$Apple (AAPL.US)$ The options will not expire until a month ...
$Apple (AAPL.US)$ The options will not expire until a month later.
Bought a 167.5 call option. Now it is in the money, wondering if you will continue to hold or take profits?
Bought a 167.5 call option. Now it is in the money, wondering if you will continue to hold or take profits?
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istoleyourlunch : what about 170 call?
wantqq123 : I'm about the same as you. I have 165 calls that expire at the end of the month. Now consider selling call options to make some money.
thesunz OP wantqq123 : Are you planning to take it or take profit? I want to refer to your opinion
wantqq123 thesunz OP : I'll hold it and make some money by selling calls before it expires. For example, I sold 170 calls when Apple was 170 yuan. If the rights were exercised, I would buy them back with the call I had bought before. If I wasn't exercised, I earned rights money. If it drops a lot, just buy back the underlying stock; you won't lose money in any way.
thesunz OP wantqq123 : What is the meaning of selling 170 calls? I'm sorry, I'm still studying
wantqq123 thesunz OP : Selling calls is the opposite of buying calls. If you buy Call, if you exercise your rights, you buy 100 shares of Apple from someone else; selling Call means you need to sell 100 shares to the person who bought your Call when the right is exercised. You need to pay a premium to buy a call, and you want to exercise your rights. When you sell calls, someone else pays you rights; you don't want to be exercised.
thesunz OP wantqq123 : Thank you for your answers, how can I find sales calls on Moomoo? All I see is call, just put
wantqq123 thesunz OP : Similarly, when you buy a call, you click to buy; if you sell a call, you sell it. However, the premise of selling a call is that you have the underlying stock in your hands; otherwise, the risk is huge. If it suddenly skyrocketed, you would lose a lot of money. For example, you sold 170 calls, and as a result, it went up to 180. If you don't have 100 shares in your hands, then you have to buy 100 shares for 180 yuan on the market and then sell them for 170 yuan, which is equivalent to losing 1,000 US dollars.
thesunz OP wantqq123 : Oh. That's right, thank you so much for the explanation; I've learned.
You can see how much the premium is there? It's a bit difficult to figure it out on your own. I'm following you, can I ask you for advice on future questions about options?
wantqq123 thesunz OP : The money you paid when you bought the call at the time was a premium, and it was the same price for selling it. Selling options is very risky. If you're not familiar, it's better to buy options. The biggest loss is premium. The maximum loss of selling calls is theoretically unlimited.
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