You don't have to exercise your option you can sell them. actually you are better off to sell them that way you may re-coupe part of your time premium along with share price. if you paid attention my strategy. I will keep rolling into the next $1 option every $1 uptick. hopefully with only a 5 to 15 cent time premium. I will be making money all the way up to your $7 option and beyond. You have nothing but time premium until $7. I don't understand your logic but good luck to you.