FFAI study

 ✅ Big reward if stock jumps, but very risky—most likely you lose the $7 unless it pops above $2.57 fast.

📊 Example: $2.0 Call (Cost = $0.29)

• Strike price = $2.00
• Premium paid = $0.29 ($29 per contract)
• Breakeven = $2.29.

✅ Costs more, but safer. You only need a small move above $2.29 to profit.

🎯 Summary

• $2.5 Call (cheap lottery ticket) → High risk, low cost. Needs a bigger move to pay off.
• $2.0 Call (expensive but safer) → More upfront cost, but easier to profit if stock rises slightly.

Do you want me to also show you step-by-step how to actually place the trade on your app 

(Buy → Select strike → Confirm)

 so you can practice with small contracts?

of 

 Perfect 👍 Let’s do a step-by-step profit/loss breakdown for the $2.5 Call (Sep 5 expiry, premium = $0.07) and compare it to the $2 Call (premium = $0.29) since those are right around the current price ($2.25).

📊 Example: $2.5 Call (Cost = $0.07)

• Strike price = $2.50
• Premium paid = $0.07 ($7 per contract, since 1 option = 100 shares)
• Breakeven = $2.57

FFAI Stock Price at Expiry	Option Value (Intrinsic)	Profit/Loss per Share	Profit/Loss per Contract
$2.30	$0.00	$0.07	$7 (lose full premium)
$2.50	$0.00	$0.07	“$7 (still worthless)
$2.57	$0.07	$0.00	$0 (breakeven)
$2.70	$0.20	+$0.13	+$13
$3.00	$0.50