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Investment Strategies / Mechanical Investing
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Author: rayvt 🐝  😊 😞
Number: of 3959 
Subject: Re: Buying Long Dated Calls
Date: 07/17/2024 5:18 PM
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No. of Recommendations: 6
Umm, I don't think so. When the ask for an option contract is 0.60, you're actually buying a contract for 100 shares at $60.00. So the commission is 1% of the buy price.

Yeah, that's why you can't just believe whatever you see on the internet.

::blush::
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