No, that is the date the option is good until and expires on that date, but you can sell anytime you want with a profit or a loss, but hopefully with a nice profit. If you don't want to buy an option that far out then buy one for Oct., Nov, Dec., or Jan. and keep in mind that the longer the date the more expensive the option is but less risk of expiring on you and if you are not at breakeven price at expiration you loose it all and option will be worth $0.
i freed up some powder, are you still planning on a bunch of trades?
in 13.95 :)
In 1 call, 13.96
Got in @ 14,00
Didn’t take long to dip into Russell index! Love it let’s go!
what does this mean actually? You bought the stock to hold till 2021 or...?
No, that is the date the option is good until and expires on that date, but you can sell anytime you want with a profit or a loss, but hopefully with a nice profit. If you don't want to buy an option that far out then buy one for Oct., Nov, Dec., or Jan. and keep in mind that the longer the date the more expensive the option is but less risk of expiring on you and if you are not at breakeven price at expiration you loose it all and option will be worth $0.
Thank you for the warning Gregory.
Thanks Greg! Will try this one with small position...I am in
Thanks Greg, checking it out now.