SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Options

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jill who wrote ()4/18/2000 7:04:00 AM
From: Early Out  Read Replies (2) of 8096
 
On Friday I had the dumb luck of buying 1 lousy APR 155 PMCS CALL for 2 1/4 - stupid buy and basically I was just throwing a good $225 + comm into the wind.

Funny thing happened though, and now the darn thing is in the money and with 8 bucks of time value thrown in as well!

Obviouslly I'd like to sell this before I lose more time value, but I also don't want to leave too much on the table if I can help it.

One possibility is that I sell on the open on Tuesday, however it seems PMCS still wants to run so that might not be smart. I wouldn't want to get too greedy and see my profits dwindle either, though...

If you were in my shoes, and you wanted to pocket the money from this trade, when do you sell?

Thanks
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext