[john kane]

tbh i cant really remember how puts and calls work. i studied them in an economics module but unsurprisingly i cant remember. something like you buy puts when you want the price to go down and any difference is your profit, if not you lose the cost of the put, and vice versa for calls.

all i do is just spreadbet/cfd, so for LVS i've got about $70 per $1 swing in the price and for smith and weston i've got $40 per 10cent swing.

i got in at $117.3 for LVS so up about $200 on that and weston at $12.78 so down about $100 on that.

do you think these are good long term holds? i have set stop losses at $105 and $10.70 respectively.

if they drop, obv no worries, i am purely gambling here but i figure your advice to be +ev.