09/09/2020 01:06

$Zion Oil and Gas i need a lil help..i am a new trader.. i bought a stocks call buy option which will expire on 18th september. now if i go above the break even price that means i am starting to get profit. if the break even price was $5 and now its trading on $6 and if i want to take this profit and want to close my portofolio before the expiry date,can i do it?..and if i can then how to do it?
or to take the profit i have to wait till the expiration date??
please ans me..someone who knows it well..and my platform is webull..
thank you
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All Comments(3)

Vick Lee09/09/2020 02:44
Go to you Call
Click and sell now
decay Is eating your profit
Send me 10%
Your welcome
โ€œBetter to keeP your profit than to lose it all...

naz***com09/09/2020 03:11

and also limit price should be the stock price on that moment or contract price?

naz***com09/09/2020 03:07

๐Ÿ˜‚๐Ÿ˜‚..thats it??..nothing extra ..wow.. thanks mate๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚


kho***com09/09/2020 02:33
Sell to close and set your limit price. Also, if youre going to trade options i suggest learning how they work and paper trading till youre comfortable.

naz***com09/09/2020 03:09

thank you..but limit price..which number should i put..should i put stock price on the limit section?๐Ÿ˜ข


Gilbeywankenobi 09/09/2020 01:24
break even price is the price of the call plus the value at which you will be buying the stock combined. For example, if you purchase a .50 call option on ABC Inc. for .30 the break even is .80 which consists of the purchase of the option for .30 and the cost of the stock itself at .50. If you don't exercise the option you don't have to pay the .50 per share......you just lose the that you paid on the option. Not trying to preach to you, but you should paper trade a few until you get hang of it.

naz***com09/09/2020 01:28

thing is i already buy a call but don't know how to exit๐Ÿ™„..can you tell me please??

naz***com09/09/2020 01:27

so suppose my expiry date is on 11th of this month and i am already on profit and want to exit..how to do that with those profit..
just sell it like regular way or there have anu other way that i can do??


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Good afternoon
How is everyone doing?
Before we start let's pray together
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Have a peaceful night.
Remember to repent forgive and pray for the world and the president.
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