Options Trading

I started options trading a little while back. Decided to get my feet wet with something simple and inexpensive. I bought a $6.00 BAC Call in OCT that expired Dec 17. The stock price rose to $7.30 which was a 50% gain but I held on another day. In after hours trading it went back down to $7.00 so I decided to sell. Ended up with about a 30% gain. Not a lot of money because the stock price is so low but a good ratio to start with.

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