Market Recap 3-2-2016 $SPY $IWM $USO $UNG $AAPL $TSLA

https://www.youtube.com/watch?v=oFG_Dd0FOHw

Submitted March 02, 2016 at 05:28PM by pi3dpip3r http://ift.tt/1TRukdH

One Day After Indictment, Former Chesapeake Energy CEO Dies In Car Crash

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Submitted March 02, 2016 at 05:25PM by feelinggoodabouthood http://ift.tt/1oQjpUG

SISTER HELL (short film, 15 min) by BLÆST

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ALONE by Animal

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Selling Tesla On A Vague Tweet A Mistake?

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Submitted March 02, 2016 at 01:52PM by newrole8123 http://ift.tt/1TR7cvZ

I'm all in Baytex. wish me luck

I'll repost here in 1 year and see if I lost it all or made some.

Submitted March 02, 2016 at 02:00PM by hkbk2011 http://ift.tt/1TR7ens

Help me understand options?

I'm going to lay out my understanding of this and see if I have it.

So let's say a company has a $100 30-day call option selling for $5. I buy 5 of these options. I am essentially reserving myself the right to buy 5 shares [EDIT: I now know this is typically 500, except for mini-options] of the stock at $100 (strike) any time in the next 30 days, even if it goes above that price. If I wait until the end of the 30-day period and the share price is below $100, I lose my $25. In order to make money, I have to redeem my options (not sure of the term) when the stock goes above $105, sometime in the next month.

On which parts am I right/wrong?

Submitted March 02, 2016 at 01:18PM by nms1539 http://ift.tt/1oPPtrN