08-08-2011, 01:50 PM
OK, so looking to buy my first option here.:
AAPLApple IncNASDAQ $357.58-16.04(-4.29%)
Bid $357.48 Ask $357.73Volume
AAPL Sep 17 2011 $375 Call $11.85-5.69(-32.44%)
So a Sep 17th call of $375
So I am guarenteed to make money as long as the price is above 369.43 (sum of current price plus contract price) before Sept 17th?
AAPLApple IncNASDAQ $357.58-16.04(-4.29%)
Bid $357.48 Ask $357.73Volume
AAPL Sep 17 2011 $375 Call $11.85-5.69(-32.44%)
So a Sep 17th call of $375
So I am guarenteed to make money as long as the price is above 369.43 (sum of current price plus contract price) before Sept 17th?