HSX Forum

Playing & Trading Strategy

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Posted by: RotoHockeyYTD2014 on Jan 22, 03:51 in response to BackRowBrett's post Question about put/calls

Very Close to 100% Correct. Had you Purchased the 'Must Love Hobos' CALL (MLHOB.CA) at 2.00 & the OW Cashed Out at 13.00, you would Make a Gross Profit of 1.00 less the 0.02 Commission on BUYING the CALL at 2.00. Net Profit would be 0.98. No Commission on Delist.

Similarly, if you Purchased the (MLHOB.CA) at 3.00, you would Break-Even on the Price but have a Net Loss of 0.03 due to the Commission on BUYING the CALL at 3.00.

You seem to be well on your Way. Best Wishes.

 

 

 





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