Posted 6/6/2017 11:48 (#6057280 - in reply to #6057269) Subject: RE: Educate me on call options
central ontario
Your break even is when the price goes above your .11 cent cost gets added to your strike price of 6.50 so anything above 6.61 would give you a gain ,but if the price goes to say 6.50 the day the option expires you lose the 11 cents premium.
For further instructions please read your owners manual,I could not resist!
Good luck