Tuesday, March 24, 2020 1:12:37 PM
That is true.
You could take profits on half of the options, keep the other half. Or if you are happy with getting BA at $110, keep the options and if the stock drops below $110, you get the stock.
One final option is to take profits on your $110 and turn around and sell the April 3 $105 that are trading at $9. You only start losing on that trade if boeing falls below $96.
One of the things I pointed out was to sell puts at the strike you would like to get the stock at so it makes the decision of holding easier.
You could take profits on half of the options, keep the other half. Or if you are happy with getting BA at $110, keep the options and if the stock drops below $110, you get the stock.
One final option is to take profits on your $110 and turn around and sell the April 3 $105 that are trading at $9. You only start losing on that trade if boeing falls below $96.
One of the things I pointed out was to sell puts at the strike you would like to get the stock at so it makes the decision of holding easier.
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