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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe)
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To: RoseCampion who wrote (1757)12/31/1999 11:47:00 AM
From: TigerPaw  Read Replies (2) of 2241
 
I know this can be complex and I'm not looking for a complete answer, just checking on my rules-of-thumb.

I bought some TYC $35 JAN 2001 calls for $7. They are now trading for $16.

There is still a year left on the calls and I expect TYC to rise more (at least to $45). My original plan was to hold the calls about 6 months and sell. Should I be considering something else at this time since they are in the money and still have a year of time value.
TP
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