How do options work?

[momoil]

I’m thinking of buying NVIDIA buy call options that expire on 7th of august with only 0.6% to break even? On robinhood it shows you estimated profit and stuff. How does this work exactly?

 

[spencer0524]

I’m thinking of buying NVIDIA buy call options that expire on 7th of august with only 0.6% to break even? On robinhood it shows you estimated profit and stuff. How does this work exactly?

basically gambling on that exact time, will the price be lower or higher, dont do options, do normal trading or long term investing

 

[RJ_ascends]

I’m thinking of buying NVIDIA buy call options that expire on 7th of august with only 0.6% to break even? On robinhood it shows you estimated profit and stuff. How does this work exactly?

the options niche is so fucking risky and diluted, dont trade options