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.
Disney is usually ok to play. Fundamentally, the stock should be lower due to loss revenue from both theme parks and movies. However, it seems to be relatively solid as it usually has tendency to recover from falls in its stock price.
Thanks Greg! We had to finesse DIS last time we started a position in Jun...but it did pay of for a 16% gain
Ok, bought 1 call at 14 40. Will add to it if i see a dip.
Thanks Gregory, I will paper trade it.
Ok in at 14.10. I usually average around 10-15% on these Disney trades. Hoping for a similar or better out come here again. Thanks Greg
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.
CSCO is movin'.
btw, I just knew you were going to make a buy call shortly! I said it on twitter
I'm too chicken to play DIS. Lol! So far you guys are riding high though!
Disney is usually ok to play. Fundamentally, the stock should be lower due to loss revenue from both theme parks and movies. However, it seems to be relatively solid as it usually has tendency to recover from falls in its stock price.
Was at gym, didn't get in on time. What price does it makes sense to buy options at if it dips before you sell?
Thanks Greg, checking it out now.