Comments on: Option Options http://www.rjmartino.com/2005/06/13/option-options/ I tell you these things in hope that one day I'll listen. Sun, 25 Oct 2009 01:41:42 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: SEC Temporarily Bans Short-Selling Stocks of 799 Companies | RJ Martino's Web Log http://www.rjmartino.com/2005/06/13/option-options/comment-page-1/#comment-6815 SEC Temporarily Bans Short-Selling Stocks of 799 Companies | RJ Martino's Web Log Fri, 19 Sep 2008 20:33:06 +0000 http://www.iprovinternal.com/rjsblog/?p=20#comment-6815 [...] Due to surge in stock prices, options have become a very popular investment strategy. View my “Options” post here. [...] [...] Due to surge in stock prices, options have become a very popular investment strategy. View my “Options” post here. [...]

]]> By: rjmartino http://www.rjmartino.com/2005/06/13/option-options/comment-page-1/#comment-6637 rjmartino Sun, 11 Nov 2007 05:12:08 +0000 http://www.iprovinternal.com/rjsblog/?p=20#comment-6637 In your example, you would sell to close... because you are selling a contract you currently have... make sense? In your example, you would sell to close… because you are selling a contract you currently have… make sense?

]]> By: Clint Riley http://www.rjmartino.com/2005/06/13/option-options/comment-page-1/#comment-6636 Clint Riley Thu, 08 Nov 2007 17:50:52 +0000 http://www.iprovinternal.com/rjsblog/?p=20#comment-6636 Hi - I was hoping to get a liittle more information on buying an option and then selling that same option for more then you bought it for. Your example above describes how to buy an option and then excerse it. for example, I am looking to buy an FDS option December expiration with a strike of 70$ using the Buy to Open on Scottrade. The current stock price is 64.xx$. Lets assume tomorrow the stock goes to 67$ per share and now the option that I bought yesterday for 1.25$ premium is now priced at 1.80. How do I sell that option for 1.80 and get my gain of .55 (1.8 - 1.25) of course less commissions? I don't want to excercise the options, I just want to sell it to someone else. Do I use Buy to close or Sell to close? I am assuming Sell to close, but I am not 100% sure. Thanks - Clint Hi – I was hoping to get a liittle more information on buying an option and then selling that same option for more then you bought it for. Your example above describes how to buy an option and then excerse it.

for example, I am looking to buy an FDS option December expiration with a strike of 70$ using the Buy to Open on Scottrade. The current stock price is 64.xx$. Lets assume tomorrow the stock goes to 67$ per share and now the option that I bought yesterday for 1.25$ premium is now priced at 1.80. How do I sell that option for 1.80 and get my gain of .55 (1.8 – 1.25) of course less commissions? I don’t want to excercise the options, I just want to sell it to someone else.

Do I use Buy to close or Sell to close? I am assuming Sell to close, but I am not 100% sure.

Thanks – Clint

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