Should you ever exercise options?

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Sure if you want to hold long term. Up to you I mean if it were me I’d sell the nio call and buy tesla stock with it

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I’m currently holding Nov 20 NIO calls at a 14 strike. Does it ever make sense to exercise these? Disclaimer: I already own shares

For calls, if the projected remaining upside is larger than the extrinsic value of the option I would excercise.

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