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Playing & Trading Strategy

Question about put/calls

Posted by: BackRowBrett on Jan 22, 01:01

Let's say I buy shares for a $10m call for a movie called "Must love hobos" at $2 a share.  If it makes $13m, it'll cash out at $3 a share, correct?  Meaning that I would only make $1 profit per share since I bought it at $2.  Is this correct?  And in the same scenario, but I bought the call shares at $3 per, the I would totally break even?  Am I understanding this correctly?  Thanks in advance!

Question about put/calls BackRowBrett Jan 22, 01:01

<INSIDE>. RotoHockeyYTD2014 Jan 22, 03:51

Thx so much for the help! {nm} BackRowBrett Jan 22, 04:08

You are correct. {nm} RazorHawk Jan 22, 09:00





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