LOG IN
SIGN UP

JRL***com

11/17/2020 17:19

$Apple Quick question for someone who deals in long puts on Webull: Can someone please kindly verify what “max loss” of -1989 means up at the top of this screenshot? Is that the amount I would be out if I sold this put right now? Or is that just a hypothetical of some sort? I swear I’ve done my research, but I’ve just never seen that before and am a little confused on what to do here on Webull.

Thank you kindly,
Jordan
Apple-0
Disclaimer: The comments, opinions and analysis expressed herein are for informational and educational purposes only and shoulk not be considered as individual investment advice or recommendations. Webull is not responsible or liable in any way for comments posted by pur users.

Like

Share to:

Download the Webull App and join community for discussions about the post. Download

All Comments(2)

FN-219911/17/2020 17:23
Thats not a long put, that’s selling a put. 1,989 is if the stock price was to drop to zero

JRL***com11/17/2020 18:26

Ok, I will. Trust me, I have learned my lesson. I swear I did my research, it’s just a little differnt when it’s game time and you have to start making decisions. Lol.

FN-219911/17/2020 18:23

That’s correct. Watch that long YouTube video and it will clear up a lot. Also, investopedia is an excellent resource that provides examples to help. Good luck man

View all 11 replies

Like

Key_Trends11/17/2020 17:20
the max you can lose is the amount you paid for the contract or contracts.

Like

Hot Article
$SUNDIAL GROWERS INC. I want to buy more, in at .25 but I hate when my average changes 😒Texansbabe7 12/04/2020 06:05
$Nano Dimension when all my friends called me dumb for going all in on this gem 💎 Dlaves 12/04/2020 02:10
$SUNDIAL GROWERS INC. going lower to 0.5 Matt 12/04/2020 10:03
$NIO Inc. What everyone average? Im in at 46, holding 500 shares Vhk 12/04/2020 02:27
$SUNDIAL GROWERS INC. I will be millionaires soon let go sndl don’t let me downKevin 12/04/2020 02:03