Ok. But can you speak on the position that I just laid out as I feel that would help more then generalities.
I bought contracts for .80, again for all intents and purposes lets say 1 contract. It is now trading at 2.00.
The way that I am currently thinking is I could sell my 1 contract for $200 and get 120 profit or I could excercise it, since it is in the money (was in the money took a bit of a dip) and make about $4k?
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