Hey Guys,
So I am currently practicing day trading in penny stocks in a stock simulator and love the leverage that you get. Options is a little similar with the leverage but far more riskier. I have heard of day and swing trading stock options which I really like the sound of.
Can anyone give me a real world example
If I wanted to buy say a penny stock or an ordinary stock say in google with $1000 is it possible. I would want to do a buy call option for long sell. for day expiry or several day expiry. For instance google is $436.55 per share. An options is 100 shares. What would the premium be for google and how do I work out the cost that I will have to pay a broker?
I really want to practice options in a simulator
I have done a lot of reading on this subject but when applying it to stocks am a little lost.
Any help much appreciated
Many thanks in advance
So I am currently practicing day trading in penny stocks in a stock simulator and love the leverage that you get. Options is a little similar with the leverage but far more riskier. I have heard of day and swing trading stock options which I really like the sound of.
Can anyone give me a real world example
If I wanted to buy say a penny stock or an ordinary stock say in google with $1000 is it possible. I would want to do a buy call option for long sell. for day expiry or several day expiry. For instance google is $436.55 per share. An options is 100 shares. What would the premium be for google and how do I work out the cost that I will have to pay a broker?
I really want to practice options in a simulator
I have done a lot of reading on this subject but when applying it to stocks am a little lost.
Any help much appreciated
Many thanks in advance
