Buy Call

Source: Buy Call, pg. 143-146, Fontanills, G., trade options online

Usage: You are Bullish, i.e., you expect GTE to rise. You feel implied volatility is low, you want to pay a low premium to buy the call.

Profits: Open ended and increases as GTE rises above 64.25 in graph.

Losses: Limited to amount paid for option ($425) if GTE does not exceed 64.25 at expiration

To print page: Check box below; Click Browser > File > Print; Uncheck box.
Change Colors.

Your combo name:
Your trade creation date:
Must be a valid trading day!

Quoted profitModel profitQuoted PriceModel price Delta
(Shares)		GammaVegaTheta
$ -12.50 $ 51.12 4 1/8 4 3/4 60.2 3.9795 $ 13.32 $ -1.39

Statistical Volatility Estimate For Probability Calcs: %

Days From TodayProb of ProfitExpected ProfitOdds of Success
41 49.6% $ 96.14 1.9 to 1
82 44.8% $136.98 1.9 to 1
Expiration 43.4% $177.33 1.8 to 1

Green is current market conditions
X GTE @
Quote = 4 1/8, Model = 4 3/4, Delta = 60, IV = 22.0%, IV_EST = 26.7%, Volume = 22, OI = 1211
Bid = 4, Ask = 4 1/4,