FAM

First Trust/abrdn Global Opportunity Income Fund Options

Search FAM call options and put options with real-time pricing, Greeks, and implied volatility data.

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About FAM Options

First Trust/abrdn Global Opportunity Income Fund (FAM) options give traders the right to buy or sell FAM stock at a predetermined price before a specific expiration date. Options are powerful financial instruments used for speculation, hedging, and income generation.

Call Options

FAM call options give you the right to buy shares at the strike price. Profit when First Trust/abrdn Global Opportunity Income Fund stock rises.

Put Options

FAM put options give you the right to sell shares at the strike price. Profit when First Trust/abrdn Global Opportunity Income Fund stock falls.

What Data You'll Find

Our free FAM options search tool provides:

  • Strike Prices — Various price levels for calls and puts
  • Expiration Dates — Filter by 7, 30, 60, or 90 days out
  • Premium (Price) — Current option contract prices
  • Volume & Open Interest — Liquidity and market activity
  • Implied Volatility (IV) — Market's expected price movement
  • Greeks — Delta, Gamma, Theta, Vega sensitivity measures
  • Intrinsic & Extrinsic Value — Value breakdown
Pro Tip: Look for FAM options with high volume and open interest for better liquidity and tighter bid-ask spreads.

Understanding FAM Options Greeks

When trading First Trust/abrdn Global Opportunity Income Fund options, the Greeks help you understand how the option price will change:

Delta (Δ)

How much the FAM option price moves when the stock moves $1. A delta of 0.50 means the option gains $0.50 for every $1 stock increase.

Theta (Θ)

Daily time decay of the option. FAM options lose value each day as expiration approaches, even if the stock price stays flat.

Gamma (Γ)

Rate of Delta change. Higher gamma means Delta moves faster, making near-ATM FAM options more responsive to price changes.

Vega (ν)

Volatility sensitivity. When First Trust/abrdn Global Opportunity Income Fund's implied volatility rises, high-vega options become more valuable.

Learn more:

FAM Options FAQ

To buy FAM (First Trust/abrdn Global Opportunity Income Fund) options, you need a brokerage account with options trading enabled (like TD Ameritrade, E*TRADE, or Robinhood). Search for FAM options, select your desired strike price and expiration, choose call or put, and place your order. Always understand the risks and consider starting with paper trading.

The optimal expiration depends on your strategy. 30-45 day expirations offer a good balance of time value and theta decay for most traders. Shorter expirations (7-14 days) have higher gamma but faster time decay. Longer expirations (60-90+ days) cost more but give the trade more time to work.

Use our options search tool to see current FAM implied volatility levels. Compare the IV to historical averages to determine if options are relatively expensive (high IV) or cheap (low IV). High IV often occurs before earnings or major events.

ITM (In The Money) FAM options have intrinsic value — calls where strike < stock price, puts where strike > stock price. They're more expensive but have higher delta. OTM (Out of The Money) options are cheaper but have lower probability of profit. ATM (At The Money) options have strike ≈ stock price and highest gamma.