I am far from a guru when it comes to options, I run a pretty simply operation selling puts and sometimes using a "buy write call option" strategy.
But I occasionally see bids in the market for very deep in the money puts.
For example today I saw a bid for an FMG March 2018 put with...
Anyone know how to calc fees in buying options?
According to Etrade it is:
AU$0.143 per Equity Option
AU$0.495 per Index Option
But how do I know it is an index or equity option?
Would TTEO or SSNO be equity options?
If I buy 10K worth of TTEO ($10,000 / 0.015 = 666,666...
Ive a question that has me baffled and cant seem to get this answered adequately.
When writing a Covered Call (Buy/Write) In the Money (ITM) the premium is made up of Intrinsic Value & Time Value.
Supposedly the Intrinsic Value is Never Ever profit.
I can see how that is the case when...