No. of Recommendations: 0
Thanks. This is a great explanation.

I'm not sure what I did wrong to be down $80. When I purchased, the strike price was below the stock price. There was still time before the option expired. This is all still true. Even though the stock price is moving up, the otion value isn't. What should I have seen here that would have been a sign this option isn't going to do very much if anything?

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.