Topics Topics Help/Instructions Help Edit Profile Profile Member List Register Paatha Gnyapakaalu - Archives from Old DB  
Search New Posts 1 | 2 | 8 Hours Search New Posts 1 | 3 | 7 Days Search Search Tree View Tree View Latest tweets Live Tweets   Hide Images

Rate this post by selecting a number. 1 is the worst and 5 is the best.

    (Worst)    1    2    3    4    5     (Best)

Author Message
Top of pagePrevious messageNext messageBottom of page Link to this message

Nbkfan123
Pilla Bewarse
Username: Nbkfan123

Post Number: 254
Registered: 11-2010
Posted From: 68.9.27.186

Rating: N/A
Votes: 0

Posted on Wednesday, September 25, 2013 - 10:23 pm:   

Praveen bro,

Select Buy to Open from 1st drop down

input number of contracts you want to buy
1 contract is equal to 100 units in BAC 14.5 Calls, 1 contract at .07 equals to .07*100=$7

Input underlying stock symbol- BAC

Click on Options chain to select the strikeprice you want. Options chain with weeklies/monthiles will open select the week, click on the calls or puts and the strike price ur looking to buy

once you select approp strike price either it is calls or puts, those details will populate in the orginal option entry screen.

2nd way in ur screen is select your values from drop down instead of doing it from optionchain option.

this is for buying the option once your order is in force, when you want to sell click on open positions in your account under options and click sell option.

use sell to close option at premium as market price or limit order specify the premium.

Any questions let me know..

Topics | Last Hour | Last Day | Last Week | Tree View | Search | Help/Instructions | Program Credits Administration