1st time play option - 未名空间MITBBS历史存档

1st time play option# Stock

s*l2014-01-16 08:01

1 楼

On Monday, I got a letter approve that my account could play option, i was
very happy. But when my account only has $160 free money, it is not very
impressive.
So to maximize my profit, I google around and found RNA was at a price 4.5
at that time, and its option is .60/0.70 a call, I don't know what to put on
the limit price, so I pick the highest one 0.70, therefore, I got two call
@5 for .70 each. after buying, I just let them sit there.
On Wednesday when I checked, the account summary says there is $54 profit on
the option, which sounds good to me, for the 160 dollars investment, so I
sold it without looking at it carefully(it said 0.80/1.05). But when I
check the account I found that I only hav e$3 profit on the transaction. >.
< I double check and found that if because I didn't put a limit price, it
will sell option on the lower bid price.......
I try to tell myself, it is OK, first time option, at least it is a $3
profit. But today during my lunch time, I check the price of RNA, it was up
2 dollars per share, and if I exercise my option, at least it is $460
profit, OMG.......What a fool I was.

E*t2014-01-16 08:01

2 楼

0.6/0.7 a call是什么意思啊

P*l2014-01-16 08:01

3 楼

great job!
1. bio股是市场热点之一
2. chart上这是trade的好pattern
3. 做option 买卖要按事先设定的rule 3a rule No. 1 price 比如翻倍就卖可能
会错过4x 但是会避免很多2x后失去所有profit 甚至本金 3b rule No. 2 到时间也
要卖不管是 1.5x还是0.8x (当然系统也可以设成让OTM option expire 当成买彩票
偶尔也有最后一周暴涨10x的option 比如本周到期的tsla 160 call 0.05->12.5 250
倍中一次彩票可以支撑以后很多次损失损失要在可容忍程度内)
4. Long option 多做两三个月后ITM 小心时间损耗大牛市 big mkt非常好可以做
一些OTM
5. 卖option时limit order 可以放在bid/ask中间价

5
on
call
on
I

【在 s*******l 的大作中提到】

: On Monday, I got a letter approve that my account could play option, i was
: very happy. But when my account only has $160 free money, it is not very
: impressive.
: So to maximize my profit, I google around and found RNA was at a price 4.5
: at that time, and its option is .60/0.70 a call, I don't know what to put on
: the limit price, so I pick the highest one 0.70, therefore, I got two call
: @5 for .70 each. after buying, I just let them sit there.
: On Wednesday when I checked, the account summary says there is $54 profit on
: the option, which sounds good to me, for the 160 dollars investment, so I
: sold it without looking at it carefully(it said 0.80/1.05). But when I

s*l2014-01-16 08:01

4 楼

0.6 is for biding(you may or may not get it), 0.7 is guaranteed price that
you will get the call option.

s*l2014-01-16 08:01

5 楼

Thanks, that makes me feel better....^.^

250

【在 P******l 的大作中提到】

: great job!
: 1. bio股是市场热点之一
: 2. chart上这是trade的好pattern
: 3. 做option 买卖要按事先设定的rule 3a rule No. 1 price 比如翻倍就卖可能
: 会错过4x 但是会避免很多2x后失去所有profit 甚至本金 3b rule No. 2 到时间也
: 要卖不管是 1.5x还是0.8x (当然系统也可以设成让OTM option expire 当成买彩票
: 偶尔也有最后一周暴涨10x的option 比如本周到期的tsla 160 call 0.05->12.5 250
: 倍中一次彩票可以支撑以后很多次损失损失要在可容忍程度内)
: 4. Long option 多做两三个月后ITM 小心时间损耗大牛市 big mkt非常好可以做
: 一些OTM

c*h2014-01-16 08:01

6 楼

蝌蚪小声问一下怎么exercise option

s*l2014-01-16 08:01

7 楼

That is, 2 [email protected] is 200 share of stock at the price of $5 each, instead of
selling the 2calls, I could buy the 200 share of stock at $5 no matter what
price it is in the market (in here it is called exercise the option) and
sell in the the market price of that stock. Sometime it worth more when
exercise the option than just sell the option.

E*t2014-01-16 08:01

8 楼

【在 s*******l 的大作中提到】

: 0.6 is for biding(you may or may not get it), 0.7 is guaranteed price that
: you will get the call option.

s*l2014-01-16 08:01

9 楼

That is, 2 [email protected] is 200 share of stock at the price of $5 each, instead of
selling the 2calls, I could buy the 200 share of stock at $5 no matter what
price it is in the market (in here it is called exercise the option) and
sell in the the market price of that stock. Sometime it worth more when
exercise the option than just sell the option.

E*t2014-01-16 08:01

10 楼

有意思。我用fidelity 账户。请问需要特别申请才能买卖option么。

of
what

【在 s*******l 的大作中提到】

: That is, 2 [email protected] is 200 share of stock at the price of $5 each, instead of
: selling the 2calls, I could buy the 200 share of stock at $5 no matter what
: price it is in the market (in here it is called exercise the option) and
: sell in the the market price of that stock. Sometime it worth more when
: exercise the option than just sell the option.

s*l2014-01-16 08:01

11 楼

That is, 2 [email protected] is 200 share of stock at the price of $5 each, instead of
selling the 2calls, I could buy the 200 share of stock at $5 no matter what
price it is in the market (in here it is called exercise the option) and
sell in the the market price of that stock. Sometime it worth more when
exercise the option than just sell the option.

a*h2014-01-16 08:01

12 楼

这个到时间怎么把握，一般是到期之前多久？

250

【在 P******l 的大作中提到】

: great job!
: 1. bio股是市场热点之一
: 2. chart上这是trade的好pattern
: 3. 做option 买卖要按事先设定的rule 3a rule No. 1 price 比如翻倍就卖可能
: 会错过4x 但是会避免很多2x后失去所有profit 甚至本金 3b rule No. 2 到时间也
: 要卖不管是 1.5x还是0.8x (当然系统也可以设成让OTM option expire 当成买彩票
: 偶尔也有最后一周暴涨10x的option 比如本周到期的tsla 160 call 0.05->12.5 250
: 倍中一次彩票可以支撑以后很多次损失损失要在可容忍程度内)
: 4. Long option 多做两三个月后ITM 小心时间损耗大牛市 big mkt非常好可以做
: 一些OTM

q*y2014-01-16 08:01

13 楼

Did u factor in the transaction fee as well? I use td ameritrade, so it at
least $20 for me for a round (buy and sell)

of
what
★ 发自iPhone App: ChineseWeb 7.8

【在 s*******l 的大作中提到】

: That is, 2 [email protected] is 200 share of stock at the price of $5 each, instead of
: selling the 2calls, I could buy the 200 share of stock at $5 no matter what
: price it is in the market (in here it is called exercise the option) and
: sell in the the market price of that stock. Sometime it worth more when
: exercise the option than just sell the option.

s*l2014-01-16 08:01

14 楼

I did. After every things, $3 dollars and some cents is what I got.....555

s*l2014-01-16 08:01

15 楼

I have been study for this over the weekend, and those youtube video is
misunderstanding, that is why I decide to try it out. When it is about the
real money, I guess my learning speed is 5 times faster....The pain as well.

L*n2014-01-16 08:01

16 楼

不对呀，星期一股票在4.5的时候本月$5的靠只有0.2，今天到了2.X, 是个10x的
trade. 你记错时间了吧。昨天股票到了5.4的时候option才是0.6

5
on
call
on
I

【在 s*******l 的大作中提到】

: On Monday, I got a letter approve that my account could play option, i was
: very happy. But when my account only has $160 free money, it is not very
: impressive.
: So to maximize my profit, I google around and found RNA was at a price 4.5
: at that time, and its option is .60/0.70 a call, I don't know what to put on
: the limit price, so I pick the highest one 0.70, therefore, I got two call
: @5 for .70 each. after buying, I just let them sit there.
: On Wednesday when I checked, the account summary says there is $54 profit on
: the option, which sounds good to me, for the 160 dollars investment, so I
: sold it without looking at it carefully(it said 0.80/1.05). But when I

m*92014-01-16 08:01

17 楼

大夫你太神了！option的历史价格都记得！还是说在哪里可以查到option的历史价格么？

【在 L****n 的大作中提到】

: 不对呀，星期一股票在4.5的时候本月$5的靠只有0.2，今天到了2.X, 是个10x的
: trade. 你记错时间了吧。昨天股票到了5.4的时候option才是0.6
:
: 5
: on
: call
: on
: I

L*n2014-01-16 08:01

18 楼

TOS里面查的。

么？

【在 m***9 的大作中提到】

: 大夫你太神了！option的历史价格都记得！还是说在哪里可以查到option的历史价格么？

m*92014-01-16 08:01

19 楼

TOS是个什么东东？青蛙表示完全没听说过。。。

【在 L****n 的大作中提到】

: TOS里面查的。
:
: 么？

o*72014-01-16 08:01

20 楼

transaction cost 太高了。。

V*22014-01-16 08:01

21 楼

第一次玩OPTION没输光已经很厉害了。

s*l2014-01-16 08:01

22 楼

I don't think I will mess it up, because at that time it didn't let me buy 3
calls at all, say that my account dont have enough money. Especially that
day it drop from $5.xx to $4.XX, one day drop in the middle of the day, the
call still active around that $5.xx since it is not the end of the day yet,
so they charge .7, they won't even take my .6 at all. When I sold it, I saw
it 0.8/1.05 on the summary, that is why I sold it, but it took the lowest
price automatically. My option is due on Fed 22, not the one on Jan.

【在 L****n 的大作中提到】

: 不对呀，星期一股票在4.5的时候本月$5的靠只有0.2，今天到了2.X, 是个10x的
: trade. 你记错时间了吧。昨天股票到了5.4的时候option才是0.6
:
: 5
: on
: call
: on
: I

s*l2014-01-16 08:01

23 楼

man......
I was prepare for a small Lost, because after I bought the option, I
calculated that I have to see $5.6 on that stock in order to make money, I
was thinking it is impossible but it does, that's why I sold it when I see
some change.....

【在 V*****2 的大作中提到】

: 第一次玩OPTION没输光已经很厉害了。

w*h2014-01-16 08:01

24 楼

RNA option交易量太小，bid／ask差价太大，很难赚钱。不过第一次没亏费很不错了。
我第一次做option，买的apple的put，亏了一半。
做option很好玩，算了算去很有意思。前些时间总结了一下2013年的交易，有80%的交
易是option，剩余的20%的是股票，股票中不少也是为了和对应的option做hedge。

s*l2014-01-16 08:01

25 楼

Thanks for sharing. When I buy this I didn't think too much because I still
don't know how it works, but after buying it, found that it is hard to make
profit on small price stock like this.

【在 w*********h 的大作中提到】

: RNA option交易量太小，bid／ask差价太大，很难赚钱。不过第一次没亏费很不错了。
: 我第一次做option，买的apple的put，亏了一半。
: 做option很好玩，算了算去很有意思。前些时间总结了一下2013年的交易，有80%的交
: 易是option，剩余的20%的是股票，股票中不少也是为了和对应的option做hedge。

s*l2014-01-16 08:01

26 楼

Thanks for sharing. When I buy this I didn't think too much because I still
don't know how it works, but after buying it, found that it is hard to make
profit on small price stock like this.

【在 w*********h 的大作中提到】

: RNA option交易量太小，bid／ask差价太大，很难赚钱。不过第一次没亏费很不错了。
: 我第一次做option，买的apple的put，亏了一半。
: 做option很好玩，算了算去很有意思。前些时间总结了一下2013年的交易，有80%的交
: 易是option，剩余的20%的是股票，股票中不少也是为了和对应的option做hedge。