How much do you know about playing the stock market with options?
The following are highlighted options insights and ideas from TheStreet.com. From Retail's Best Back-to-School Options Play(Video, Aug. 7): Steve Smith, Options Alerts: "I like Kohl's (KSS Quote) for back-to-school sales... You can buy the September $45 call at $2.50. What I would actually prefer, is to create a little bit of calendar spread... So you can sell the August $45 call $1.30, buy the September $45 call for $2.50... So you're only spending a net debit of $1.20 to buy those $45 calls that are only $1 out-of-the-money." To watch the video, click the player below:- Loading Comments...
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