Not sure of what this means when viewing a stock, example of what I'm saying, a price: 100 and percentage: -1.00% or +2.00% Here's a screenshot https://imgur.com/7AMgto8 https://m.imgur.com/DAPsqr2 Is there useful forum posts/tutorials for reading charts, stocks, etc
I can't see those pictures when I try to scroll, they disappear. I saw a little bit though. The picture from EarningsWhisper is a bit more advanced, they are talking about the usual % move, then the second % is based on options data whereby they calculate how much the stock needs to move for the options to go "in the money". When options expire out of the money you lose everything. Think of it like Vegas, the house sets the line at a price where they can get equal action on both sides and the house takes the vig (basically commissions). When action on opposing sides is equal, they just transer money from one gambler to another and maximize their profits. When action is unequal, the house will need to cover some of the transfer and they lose some profits (but believe me they still make profits 90% of the time). So the implied volatility is how much the price needs to move from options buyers to make money, which equates to taking money from the options writers. The other picture is something you see every day, it's the current price followed by the change (in dollars, and in %) from yesterday's price.
Ok I see, and now I'd like to know how I can use these percentages to my advantage for probability reasons. SPX is at 3805/+1.46% from yesterday (i guess) SPX is 54.50/1.45% right now, Would I buy 10 of them(stocks?) for $545 (Improper use of words when referencing let me know) And when would I sell the stock? When it raises? What would be the ideal for selling these stocks with the prices that I just referenced of course and time frame, could I keep a quantity of stock for a year or 6 months (short term investment) and for long term investing I wouldn't be sure what my options are I was told "simply put the month into a stock", I would like to know, buying and selling a stock? Or buying, holding the stock for a month, and selling it at a suitable standard when the price raises.
