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View Full Version : Best way to get started in stock market trading for a beginner?



Angelaodof
08-29-2015,
I have 2 contracts of 125 of NBL for JUNE 22.... I am in at 1.05 and today it went up like 1.69% (the stock) or 1.80ish and put my option up almost 45% (got it back to where I started 4 trading days ago...

NBL IS AND WILL HIT 120 without a problem IMO in the next week....


HERE IS MY QUESTION:

THERE IS AN ANNOUCEMENT THAT THE STOCK WILL BE SPLITTING ON MAY 29TH... WILL THAT KILL MY OPTION WHEN THE PRICE DROPS IN HALF OR SO????? WHAT HAPPENS TO THE OPTION STRIKE # OF 125???? DO I NEED TO GET OUT EVEN IF I KNOW THIS STOCK IS GONNA ROCKET POSSIBLY INTO THE MONEY BEFORE MY TIME EXPIRES ON IT FOR ME AT 125.00... (I KNOW THIS SOUNDS INSANE, BUT I BELIEVE IT WILL.... ITS HIT ITS ALL TIME HIGH TODAY I BELIEVE.... AND MORE TO COME MORE TO COME.... THANK YOU IN ADVANCE FOR ANY HELP.. I AM TOTALLY NEW TO OPTIONS BUT LOVE THIS AS MUCH AS SPORTSBOOK CAPPING!!!!!

admin
06-13-2016,
Has it bottomed out yet. Seems to be trading relatively flat.