Related Posts
The cutest wanna be consultant
Anyone in Ukraine?
Any other R9T riders? Love this thing
Additional Posts in Option Traders & Investing
10/13 Thread (General):
Who’s still holding Amc? 🙋🏻♂️
8/16 Thread (General):
why is MARA down ?
Some exciting retail plays on deck
Any wayfair plays? It’s back up to the $190 mark
New to Fishbowl?
unlock all discussions on Fishbowl.
Yo just a heads up we’re technically not allowed to buy options on Acn idk how you’d get caught but I didn’t know the policy to like a month ago
We need to talk Monday, ASAP. Sending u a calendar invite. Thx, Julie
Depends, do you believe in the company you work for? If not then sell.
Subject Expert
You need to manage that position.
Options give you leverage and convexity, but you’re so far in the money the delta is 100 and you’ve lost the convexity and now the position value means you have more at risk. You should get your original capital out now for a free position. You could pull out some profit, too, to ensure a good return.
With the rest, roll up and out to give yourself more time and more upside - you also reintroduce leverage and convexity into the play.
Hence, Sell!
Hold.
Will never go broke taking a profit.