re: Nebius - NBIS - AI Infrastructure Company

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When you do decide to take profits and roll into another one? So let’s say in 3 weeks it’s $115 and you have Oct 31 $100. Do you sell and pick a longer dated one? Would you have sold that earlier? Trying to understand the strategy of timing of selling profitable options

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Again, that becomes a personal preference. I held on to my extremely profitable $70c 11/21 for a while. They eventually turn into a stock though, because a dollar up in price is basically what I got per contract....That being said, it is conservative to play that way and worked out well.

The other 3 ways I think about it, is I could reinvest that money $ for $ at a higher strike price (say $90c today) and would earn much more on the upticks. OR, I could buy the same amount of calls I had at $70 strike, for the $90 strike, but pull in quite a bit more cash and my upside would be similar. The last way, which I chose, was to go out of the Money, and use the same $$ I would have on the $90 calls, but get the $120s with many more contracts. Much higher risk, much bigger reward but same $ value.

Apologies if that is confusing, I am trying to simplify wording that is very confusing, while adding in a strategy component lol