Advise pls!

Momentkz : No one knows

horse618 : if you don't plan on actually holding onto the shares , it's better to just sell for profit premium

Hu8t C8t OP horse618 : Thank you.   New to option so not sure whether any hidden cost or extra cost that I have to fork out if I exercise the option.

horse618 Hu8t C8t OP : in a case where you exercise , you will be obliged to buy 100 shares of the stock at your strike price if your option is ITM ( in the money ) so you need to have spare cash but you will also lose all extrinsic value , means the new premium u see is gone therefore , i suggest not to exercise unless you want to hold onto the stock and hope the share price keeps increasing so u can profit from there by selling however many of ur 100 shares.

Hu8t C8t OP horse618 : So if I exercise it, I will be buying at the strike price which is lower than the current price (in the money) and instantly I will be making profit from the price difference right?

horse618 Hu8t C8t OP : yes correct , if your option is deeper ITM you can exercise to buy the stock at your discounted rate (strike price) x 100 shares , and sell it off at the market value for profit. however do note that you will lose all of the current premium and there will be transaction fees for sales/orders. your profit would solely be from the sale difference of the current market price and ur strike price x 100 shares. therefore unless your call option is deeper in the money , you're better off just selling the option for profit premium.  

my own suggestion is to only exercise if your option is deeper ITM , so u can exercise and sell for profit instead of exercise already then need to hold and hope for the price to increase more then sell. as prices can fluctuate , you won't want to end up holding 100 shares of a stock you can't sell for as much profit right ? just managing risks  

Hu8t C8t OP horse618 : Thank you for the clear explanation.