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re: Options trading question?
Posted on 5/14/15 at 8:49 am to Jag_Warrior
Posted on 5/14/15 at 8:49 am to Jag_Warrior
What would ya'll do today with a
MAY 15 2015 7.50 CALL: $0.69: Quote $7.80. Bid's yesterday were $.30
It's my second option trade. I made a good profit on the first by closing out early. I wanted to see what happended as a hold got close to the date since it's a small trade. This one looks like I either try to close at a slight loss and hedge an expiration loss or exercise and hope I see a bump over the summer from hopefully rising oil prices.
MAY 15 2015 7.50 CALL: $0.69: Quote $7.80. Bid's yesterday were $.30
It's my second option trade. I made a good profit on the first by closing out early. I wanted to see what happended as a hold got close to the date since it's a small trade. This one looks like I either try to close at a slight loss and hedge an expiration loss or exercise and hope I see a bump over the summer from hopefully rising oil prices.
This post was edited on 5/14/15 at 11:15 am
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