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Re: ItsMyOption post# 627934

Wednesday, 07/01/2020 6:29:45 PM

Wednesday, July 01, 2020 6:29:45 PM

Post# of 727474
Itsmyopinion.......it looks like you made a handsome profit on those 15 call options, and it would cost about 200 dollars to buy them back....so what to do....a wise man once said, if you are ahead in a deal, "always leave something on the table, when you leave...would I buy back?... for a nickel?...sure.. why? we all know something is cooking with coop, and you can't know anything except you can repatriate 4000 shares for a nickel a share....thats only about 12 shares you are giving up to keep the other 3988 for sure....what you can do is grab them back, then wait until you get an upturn in the market and resell the 40 contracts... time is money... you have 60000 dollars waiting on 200 dollars..., or another way of saying it 58800 waiting for 200 dollars... I would get those 15 calls back in a heartbeat, because next week they will take up the price of coop to sell the cheap shares they got today, and that option may expand from .05 to .15, or 20 cents....now you are waiting again to go back down, and lost time... Lodas
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