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Strategies & Market Trends : Option Strategies
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To: Elroy who wrote (2561)4/8/2024 3:21:17 PM
From: S. maltophilia2 Recommendations

Recommended By
dealmakr
Thehammer

  Read Replies (1) of 2591
 
Might as well let them go at market. There's a bid for 163 contacts @3.40 (big enough for you?<g>). You're just as vulnerable to the stock giving up it's 1/8 gain on the day as you are to getting a bum fill. Presumably you've done well being long that call. Might as well lock it in. You may well get 3.45 or 3.50

A stop won't work because, if it's triggered, you're likely to get considerably less than 3.40.

You're fortunate the market isn't something like 1.80 - 3.60.

Take the money and run.
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