I had bought 1 call of Nvidia for March 15th strike price 730 today. What would be my profit tomorrow?
If it opens at 735 expect 117% for that call
Hmm care to explain
Make sure you login right at market open to sell it as value will Drop within seconds.. if value fluctuates ..
OptionStrat is the website i use for tracking and visualizing option values in future
Use Robinhood to simulate gains.
(Sell price - 730) *100 - premium = profit
This is only if one exercises the option. the best option mostly is to sell before expiry to collect more premium when the premium profit is higher than the equation you posted.
A million dollars. Put in your two weeks now, congrats!