Options Question
I have a 2$ option expiring on the 12, it's my first time option trading and was wondering how you know when to pull out of it.
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adsanb : make sure you sale them before the expiration date, otherwise they'll become worthless
1kProtege : Or you can exercise your option to buy the 100 shares for $200.
DaBagMan 1kProtege: how do you exercise the right to buy the shares?
Lord Divine : Answer is it depends but more likely sell your contract and take the profit.
Igor Gore : Don’t ask your dad cuz he apparently didn’t know how to pull out either.