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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe) -- Ignore unavailable to you. Want to Upgrade?

To: MJR who wrote (542)1/3/1998 5:21:00 PM
From: Madpinto  Read Replies (1) | Respond to of 2241
 
1) No, except count your money.
2) Yes they charge you on both sides. Yet another reason to use a discount broker. (Also, if you exercise the options you will get charged the same amount as if you had bought the stock in the market.)



To: MJR who wrote (542)1/5/1998 1:44:00 PM
From: Carl Fritch  Respond to of 2241
 
Hi,
yes you can sell the option for that profit(loss) anytime before expiration. You can also exersize the option and buy or put the stock anytime before expiration date. Of course that rarely happens.

Each transaction requires a commission, same as stocks.

Good Luck.

Carl



To: MJR who wrote (542)1/8/1998 5:41:00 PM
From: Jay Baca  Read Replies (1) | Respond to of 2241
 
MJR - You are right on both counts.


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