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Hello!
I'vebeen researching how to trade options for a few weeks now and I think I've gotten a decent grasp on how the fundamentally work, I've set up a Tastyworks account (still needs to be confirmed) and I'm planning to put maybe $200-$300 in there to begin.
The option that caught my interest was a call option for AAPL with a strike price of about 130, expiring the 23rd of April. My idea with this trade is that AAPL has been beat down a bit in the recent nasdaq selloff, and I'm hoping to ride the earnings hype (which happens on the 27th of April, I think.) Before selling before it.
However I've as per Yahoo Finance, the ask is 2.35.
Since this is the first trade I'm planning to do, is it worth spending the majority of my balance on this single call option, or should I do cheaper calls/riskier plays with the money I have?
Thank you for reading!
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- 3 years ago
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