What's the maximum profit would I receive from my option contract if...?
...its strike price is 45 and one put option be purchased for 260? How would this be calculated?Answers: Assuming the underlying is 100 shares of stock or an index value times 100, the lowest meaning the stock/index can reach is not anything. That would make your maximum profit
($45.00 x 100) - ($0.00 x 100) - $260 = $4,240.
If the underlying is a commodity adjectives you need to substitute the appropriate multiplier for 100 surrounded by the above equation to calculate the maximum profit.
The probability of making the maximum possible profit from a put option are similar to the likelihood of winning the Megamillions lottery. It's not going to ensue.
I have til Apr to open IRA, want to trade my own investments, who should i choose as IRA broker trading acct?
Answers: I've been using Schwab now for 2 years and they're terrific. I can talk to a licensed financial adviser 24hrs/day, 7days/week for free, and there are no account fees. I've worked with two other companies before and was very dissatisfied with the service. I've heard from friends that Fidelity is another good one.
Look for a Broker offering no fee IRA.
One who allows Online trading (if you want that)
Look for Trade Commission that is affordable $7-$10 a trade
Consider
Scottrade
TD Ameritade
eTrade
I use Schwab and TDameritrade for trading my own retirement accounts.
Any suggestions of stock to invest in now that the market is down.?
Answers: Harley davidsons always good don't see them going out of business anytime soon, plus they pay dividends.
It is hard to make a suggestion without knowing your objectives.
Go to : low-cost-stock-recommendations
.com
Check out all the different investment possibilities. It may give you some good ideas.
dont buy anything now, but follow
goog
aapl
grmn
gs
vlo
to name a few. If we ARE in a recession, then these will likely go lower.
Choose ones that are comfortable for you, companies you think are a good long term investment and are selling very cheap right now. There is a lot of great value in the market right now and the people who buy when the market is low are usually the ones who come out on top long term.
I still don't think the market is very low right now though.
- Jennifer (a) Acumen
CFC is not a good buy. Bank of America's buyout price was somewhere in the neighborhood of $7.15 a share. They said in a new release that they didn't know if market conditions would change the price. In a few months CFC will not exist. It will be integrated in to BAC.
BTW it is Countrywide Financial Corp
You should learn to trade. That way you can make money when the markets go up or down.
You just need to learn some basic rules and develop a system for trading.
This is a great site that will help you with that.