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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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