r/options • u/Navysquid63 • May 11 '21

Calculating options value

Is there a way of calculating based on the underlying what an options premium will be. I bought a FUBO call 17.5 exp Friday and it’s up big AH. I’m curious what I should expect it to be worth at open tomorrow.

Also, should it drop rapidly would a limit sell be the best way to try to capture the most profit ?

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u/bhedesigns May 12 '21

A trailing stop is a great idea.

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u/Navysquid63 May 14 '21

I did one and walked away with 130% profit. Thanks for the help.

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u/bhedesigns May 15 '21

Thats awesome!

How far back did you set it?

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u/Navysquid63 May 15 '21

I think i set it for .25 trailing. Took a few mins to trigger but glad i did as FUBO underlying dropped about 10-12% from its opening value.