I screwed up when I bought my MU option. I had planned on buying a Apr20, but ending up buying a Apr13.
It cost 1.30 and had a TV of .77, delta of .60.
MU is up .73 from when I bought and option is up .26, so a long way from a delta of .60. I am finding this more and more of late.
So now that I bought such a short term option, I have got to plan what to do for Fri. My first thought is to let it exercise and sell a call. That would be conservative. A more aggressive move would be to roll in over, which is what I am leaning towards.
Trade the Charts and not the Heart - Expect the trend to
continue until it doesn't - Realtime is the real deal