question about buying calls via /r/wallstreetbets #stocks #wallstreetbets #investing

question about buying calls

I see screenshots of high strike prices on stuff like bbby, like 60$ . Isn't the lower the strike price the better? Isn't your profit based upon how high it is above your strike price? So if the new price was 80$, wouldn't you have made more money on your calls of a strike price of like 30$ rather than $60?

Submitted August 18, 2022 at 01:47AM by eventhorizon1_61803
via reddit