Replies to post #2761 on Celsion Corporation (CLSN)

[kris_kade]

I see what you mean. Loosing an intensic value is riskier than waiting for the option to expire. However if I have enough cash to exercise the options on the strike date and flip, all I would incur is a short term sales tax, right ? Obvioiusly this assumes the pps will be well north of my strike price on the expiration date. For CLSN, this should not be a problem.

I have 250 calls of 4's for Jan '14 and am trying to understand the best exit strategy..lol

[Timmay1]

FDA Approval will be in late 2013. Why would you close a Jan 14 before FDA decision? Do you want to sell your options for 4.00 or 40.00?