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Stanley
I have been trading spreads exclusively
I don't know the formula used to determine price changes on a called when the stock goes up.
For example I just purchased CELG. Stock is trading for 102.70 I paid 1.92. EXP 3/16
For the option to reach $3.00 how many points does the stock need to rise.
I don't know if it a one to one ratio.
Thanks
Stanley
I just learned how to determine price movement
No need to respond
Thanks
Stock Talk
Stanley
I have been trading spreads exclusively
I don't know the formula used to determine price changes on a called when the stock goes up.
For example I just purchased CELG. Stock is trading for 102.70 I paid 1.92. EXP 3/16
For the option to reach $3.00 how many points does the stock need to rise.
I don't know if it a one to one ratio.
Thanks
Stanley
I just learned how to determine price movement
No need to respond
Thanks
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