1 upvotes, 1 direct replies (showing 1)
View submission: IM GONNA CUM!🚀🚀
Ok, I'm new as fuck with options. I bought a 200c 2/5 earlier today. Since it had already cleared 200 within about 2 hours of buying it, what's the move? What are the best exit paths? Do I hold it until 2/5? Do I sell tomorrow? Do I wait for the stock to go up more? What are the best ways to exit options and when?
I know, I know... Don't get involved with options without knowing about them. But I'm obviously retarded. And now (I think) I'm a retarded with more monies.
Comment by fjlcookie at 27/01/2021 at 01:20 UTC
2 upvotes, 1 direct replies
Tomorrow, assuming we remain $200+ at open, it will be worth a shit ton. But, you have a week more than I do, it could go up more between now and 2/5 making it worth even more. Only you know when to sell, but your position is slightly less risky than mine.