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Lesson 22

Picking the strike price and expiration

Choose an affordable purchase price and an expiration you can manage before comparing put premiums.

New here? Start from the beginning.

What does picking the strike price and expiration mean?

It means picking a purchase price you can accept, then an expiration you can manage.

Question 1 of 3

Learn how to pick the strike price and expiration date

Compare sample puts at two strike prices and two expiration dates, then compare them with Annualized. The sample premiums are higher than most stocks pay. Each of the five checkpoints ends with a two-answer question. Nothing places a trade.

CHECKPOINT 1 OF 5

Choose SOFI

0 / 5 checkpoints earned

When the chart loads, follow its highlighted control to earn your first checkpoint.

  1. Choose SOFI
  2. Choose Cash secured put, upcoming
  3. Inspect the $14.50 put, upcoming
  4. Compare a later expiration date, upcoming
  5. Compare with Annualized, upcoming

Loading the practice chart.

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The demo opens the full platform with other stocks, and its numbers change each day. Signed out, nothing there moves real money. If you are signed in with a connected broker, Place trade sends a real order, so read the screens without pressing it.

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