stops for options

QuestionsCategory: Questionsstops for options
Ryan Melancon asked 3 months ago

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2 Answers
Owen Staff answered 3 months ago

From Pat:
Good morning Ryan. Good question with options and pricing! I always defer to the price of the stock in my decisions, even with options. This is the price that is most “relevant.” And if a breakout fails, the premium on that option can drops very fast. So we’ll be stringent with it. BTW, options can be a great way to get involved with stock movement. I’m sure you know this, but be very careful during earnings season cuz the options premium can disappear quickly. Hope that helps!

Owen Staff answered 3 months ago

Follow-up video from Pat: