Jorge H. Woods

1. Im a 21 college student and have decided to take a small amount of risk in the market, perhaps trading options. I have an account with the online broker Scottrade that has a value > 25000. I turned in the paperwork for trading options. So if I were to invest a small amount of my portfolio into a call option for (X) tomorrow morning, what steps do i need to take (besides filling out the order form i know how to do that)? Do I have to own shares in (X)? Also it’s a $ 1.25 per contract, so does that mean for each single option I buy it cost $ 1.25? I just started a course in investments and will learn more about options later this semester, I just want a head start and possibly make some money. Thank You.
   

   Answer by William
   Options both put and calls are traded in 100 share blocks so if you buy and a call option in XYZ for say $ 1.25 you mentioned at a strike price of $ 25.00. Then you will pay $ 125 plus commission for this. The option has a length of time that it is good for and it will move up or down with the price of the stock. Remember you have the right to buy the 100 shares at $ 25 so you will have a basis fo $ 126.25 (plus commissions ) should you exercised it. You can always sell the option (close your position) prior to the experation date. The closer to this date the more the option will decline in value – time value of money effect. Option trading is very difficult and not a good way to start, you might want to just practice trading them for a few months using the Yahoo portfolio manager before you dive in.

2. What options, functionality should contain a professional catalog software for a manufacturer with 2000 products each containing about 200 articles, all this in categories and subcategories?

   It should work offline.

   I have search engine for keywords, print option so far.
   What else should I develop?

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   Answer by bripworld
   ping me on info at halar dot org , I did a similar work in past.

3. I am a student who will be attending Devry University this September. I would like to purchase a Dell from their website, however you must be 18 to use their financing options. I am still 17 and will not be 18 until October. What other options do I have with purchasing a computer?
   

   Answer by rn
   Ask your parents to purchase it.

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