I understand that trading options gives you leverage to control more stocks than you can actually buy. But in order to make money don't you have to exercise your option and actually buy the stock, at say the lower price, so you can then turn it around and sell it at the new, higher price? What if you don't have the money to exercise the option?
How does a winning position make you a profit if you can't buy the stock/exercise the option?
Submitted June 01, 2017 at 03:53AM by devils_avenue http://ift.tt/2rsvRyJ
