Recent content by dimzakharov

By saying limited risk I meant that I can loose only premium and if I don't go short then I cant' loose more than premium. Would it be correct to say that I won't be able to exercise an oil option contract i.e. buy the goods? Thank you for your advise. I really appreciate your time. I will take...

As I said I believe that oil prices will go up and I want to make a couple bucks on that. I didn't know what to start with and started reading about futures and options. Because options imply limited risk (when you don't go short) I thought that it is pretty suitable for me. I also maybe bought...

I believe that oil prices will go up.

So, as I understood I need to pay this (if I want to trade american oil options): Non-pro Pro NYMEX (Globex) Level 1 USD 1.25 N/A NYMEX (Globex) Level 2 USD 6.00 USD 90.00 What is the difference between level 1 and 2?

Thank you very much!!!

I tried to find that info on their web-site but I could not. Is it possible to point that out? Sorry for being a little boy and asking silly questions. Just trying to get my head around a new area of expertise.

I am not trading yet. Just thinking of buying an oil option. I am thinking to open an account. Everyone advises Interactive Brokers but they require 10k minimum to open an account. I have that money but I wanted to start with 1000 - 1500. Though I can open account with 10k and spend only...

Thank you very much. So if there is bid price that means that somebody placed an order. Does that mean the order is placed for the same expiry date and strike price? Also what do you mean no real time market data? How is it possible? When could it happen?

Thank you for the answer, but I wanted to clarify the selling process. When in the example above I want to sell AAPL contract and bid is 1.64. When I press sell at 1.64 will I get money immediately or I have to wait until somebody buys my contract?

Hi all, Thinking of buying some option contracts and I need some help. When I bought an option contract (e.g.call contract) and I want to sell it how does it happen? I indicate the price at what (and above) I want to sell it and then just simply wait for the purchase? It can take from minutes...