Call picking or put risk?

On a stock market simulation I purchased an route: WMTCG.OPA

I don't know whether it's a call/put option or something else. It doesn't voice anything on the site either. Do you know what it is?

Calculating NPV?


As the previous answer indeicated, it was a March call upon option. The subsequent to last message in the prospect symbol (in this example, the C in WMTCG) indicates the type of chance and the expiration month. The codes are given in the table at

http://www.cboe.com/TradTool/strikeprice...

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You would enjoy had to specify the type surrounded by order for the transaction to own occurred. The evasion was probably a telephone call.

(stock) Option pricing comfort?



Answers:    That appears to be a ticker symbol for a March$35Call on Walmart, which would enjoy expired on March 22nd. This basically expected that you had the right to buy 100 shares of Walmart for $35/share from the guy who sold you the substitute, which would be a good traffic if the price of Walmart was completely much above $36 (needing atleast a dollar to pay your commissions..).

I am releived to interest that you bought this in a "simulation", which I whip to imply that you weren't playing next to real money, as we are writing going on for this on the 30th.



A nice place to look up options would be a net page like...

http://finance.yahoo.com/q/op?s=WMT

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It was a March call upon option. It have expired.

What are the Pros and Cons of...


Careful learning from simulators. They don't simulate volume and volatility contained by real senses. So you might catch a little too cocky contained by there. Careful.

Volume ability everything in the physical world if you want to make a buck stale options! If nearby are no buyers, your option,by itself, is worthless, no situation what the bid ask is!

Real traders make big bucks stale people that moved from simulators to TRUE trading.

You can, in concrete life, use it as the privilidge to buy the underlying, even it it have risen in share price, at the strike price of the phone call.

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