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Re: lugan post# 216695

Thursday, 10/20/2011 10:30:32 AM

Thursday, October 20, 2011 10:30:32 AM

Post# of 252369
If I exercise a 2.50 call option a 2.60, does the transaction get booked at 2.50 or 2.60 or half and half?


The value of the option if you sell is that price.
If you exercize....the cost of that option is added
to the 2.50 cost of exercizing

If you bought the calls @ 10 cents then your cost for
1 share is 2.60

If you bought the calls @1.70 cents then your cost for
1 share is 4.20 (i had some)ouch!

It has been my experiance that WAVX options
are harder to make $ at then other options...especially
near E date......I sold what I had last week @.30

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