Quote:
Originally Posted by GrussGott
Anybody gonna dunk on TSLA's huge drop? Here's your chance!
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Not sure it is "huge" enough to be honest...battery day could be interesting though? Its been lower. Sometimes I kick myself for not directing some money there, other times I don't. If anything, I'm tempted on call options, but I don't understand calls well enough to invest.
When I look at the option chain on yahoo, some bid prices on various calls just don't make sense vs others and I don't understand why that's happening...which makes me believe I don't understand calls at all. Despite on the surface it seems relatively simple - an option to purchase 100 shares at X exercise price by Y date. And the option costs Z to do so. But certain options that look very similar in terms of exercise price and dates have wildly different bid amounts and I don't understand why. Unless it has to do with number of shares in the contract.