Sean Parker
OPBelleWeather
:
i want the shares though. I know it's a good profit already but i think achr is going to be huge and i want to fully capitalize
BelleWeather
Sean Parker
OP
:
Then sell the contracts and buy the shares and keep the extrinsic value in profit. With that expiry, and a plan to exercise, why use leverage?
Sean Parker
OPBelleWeather
:
sounds like you know more about options then me lol. so you think I should exercise now or just sell out right? I'm still new to options, I'll just know how to pick them. I've never actually exercised one, i always just sell them.
BelleWeather
Sean Parker
OP
:
Definitely sell, like set the limit order now, so it will hit in spikes at open. Then buy the shares and hold as you described to meet your goals.
Sean Parker
OPBelleWeather
:
i get what you mean and that's what I've been debating all day. i thought exercising the option gave me the rights to buy 100 shares for 5 dollars? are you saying it would be better to take the profit and buy the shares at the price they're now? that's just confusing because it throws off everything i thought i knew. i also have a 4 dollar call option i was going to exercise but i still have 53 days on it
Yeah great day :
BelleWeather : Are you out of your mind?! Sell those contracts!
Sean Parker OP BelleWeather : i want the shares though. I know it's a good profit already but i think achr is going to be huge and i want to fully capitalize
Sean Parker OP BelleWeather : and I did sell one today to double down on $Rezolve AI (RZLV.US)$
BelleWeather Sean Parker OP : Then sell the contracts and buy the shares and keep the extrinsic value in profit. With that expiry, and a plan to exercise, why use leverage?
BelleWeather Sean Parker OP : Huh, interesting, I’ll check it out, thanks!
Sean Parker OP BelleWeather : sounds like you know more about options then me lol. so you think I should exercise now or just sell out right? I'm still new to options, I'll just know how to pick them. I've never actually exercised one, i always just sell them.
BelleWeather Sean Parker OP : Selling the calls and buying shares with some of the profits is how to best capitalize in that case. Again, congrats.
BelleWeather Sean Parker OP : Definitely sell, like set the limit order now, so it will hit in spikes at open. Then buy the shares and hold as you described to meet your goals.
Sean Parker OP BelleWeather : i get what you mean and that's what I've been debating all day. i thought exercising the option gave me the rights to buy 100 shares for 5 dollars? are you saying it would be better to take the profit and buy the shares at the price they're now? that's just confusing because it throws off everything i thought i knew. i also have a 4 dollar call option i was going to exercise but i still have 53 days on it
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