Another Options Call win!
$META 260618 655.00C$ this was the option!
For beginners on how to read and understand the above… it goes like this!
META: The underlying stock.
260618: The expiry date of the option’s contract. 2026 June 18th (YYMMDD). This is on a Friday. Options ALWAYS expire on Fridays, unless there are holiday interruptions!
655.00: The strike price of the option’s contract. Meaning… I have the right to buy 100 shares of META at $655 per share ANYTIME before expiry.
C: Stands for Call option. Meaning I have the right BUT NOT the obligation to buy 100 shares of META at $655 per share. P stands for Put option, is the opposite!
FYI: Each option contract controls 100 shares of underlying stock.
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AUhhhhh : Fantastic gains! What made you enter at that exact level?