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Re: rosen62 post# 26

Monday, 02/25/2008 5:00:38 PM

Monday, February 25, 2008 5:00:38 PM

Post# of 261
The way I play it depends on how ITM the calls become. If I want to keep the stock, and the options are just barely ITM, then I wait until the Friday of expiration and buy the options back for pennies, since all the time premium is gone.

If a stock rises and is well ITM with the options I sold, then I let the stock get assigned. I won't chase it.

Scott
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