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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe)
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To: Madpinto who wrote (1480)7/2/1999 8:57:00 PM
From: RealTime  Read Replies (2) of 2241
 
Ok I'm new at this so, I guess that is why I'm here. What if.......

In the case of ARQl news does come out, and there is less a demand for the options, but the share price shoots up. Then what.

1) do I sell at a loss, because according to your last message the demand for the option contracts goes down?

2) do I exercise my right to the options. In other words, do I have the right to convert those options to shares, and therby selling them to make a decent profit? Can that be done?

As always , thanks. Dan
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