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Old 02-21-2007, 01:08 AM
delph delph is offline
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Join Date: Feb 2007
Posts: 6
Default Buying call options

Can someone briefly discuss how to buy call options. What are the best (cheap) brokerages that allow you to buy options. What are the advantages to buying options vs. common stock. How can you see what options are available for a particular company (using yahoo!finance for example). If the price of an option is $0.35, is that the cost per share that you will buy, or is that the total cost of the option of buying 100 shares? I am a novice investor (with just ~$2k in my cheap online brokerage account), young, and beginning to get more curious about various derivatives. Also I obviously don't really care at this point about losing or making money in the market- at this point I'm just trying to familiarize myself so that in the future I can.....make.....millions.....(ha).
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