Recent content by oaksie100

  1. O

    What does the slash mean

    when you see a live stock or index price like this: 1256/50 what does the /50 part mean. My figures may seem out if they are directly related i apologise for this but as u can see i am unaware of any relation as i am asking the question, Thanks for your help Tom
  2. O

    Selling a contract

    Just trying to educate myself on futures and i understand most concepts however there is one issue i wish to clarify upon I am unsure how this person creates the contract to sell, it appears to have just been created out of thin air is this correct: "Let's say that Sara did some research and...
  3. O

    Exercising Options

    In order to exercise a put or call, do I have to have cash or stock in my account to buy (in the case of a call) or sell (in the case of a put) the shares of stock that underlie the contract? And if I do then I take it that the only way is to sell the contract back into the market at its new...
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