Posted by: tyrannyoflogic October 4, 2011
What are you buying in this market meltdown
Login in to Rate this Post:     0       ?        
I have not dealt with options much but here is what I know

there's bid and ask like level 2s ( the buyers and sellers price)

There's the strike price which is the price you are willing to pay to acquire that equity on that date the option expires if you are long on a stock(buying calls).If you are short on a stock the strike price represents the price you can sell the equity at the given date (buying puts).

The table usually is for different expiration dates
and different strike prices.

and theres nakeds, covered, butterfly and what not...

just tried it once or twice...thats all i know
hope it helps

Higher risk/reward than equities though!!!

hope this helps...



and ther
Read Full Discussion Thread for this article