What would you do?

U

union1411

Not a ton of money but I have 4 GOOG August Puts. I have profit of $140 on them. Commish is $15 (optionsxpress),

Should I cash out (because of theta) or just wait a day or two?
 
Quote from union1411:

Not a ton of money but I have 4 GOOG August Puts. I have profit of $140 on them. Commish is $15 (optionsxpress),

Should I cash out (because of theta) or just wait a day or two?
More...
Depends on your view of the stock. You always need a view, then the best option stategy can be put together. But not before unfortunately.
 
Quote from Profitaker:

Depends on your view of the stock. You always need a view, then the best option stategy can be put together.
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Profit is right. You should not be asking this question.

You should have clear profit and loss targets.

If I were you I would sell them next thursday, Goog is falling apart.....
 
Quote from optionpro007:

You should not be asking this question.

You should have clear profit and loss targets.
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I have profit/loss targets and so forth. Just making conversation. Sheesh. Save the condescension for someone else.
 
Quote from union1411:

I have profit/loss targets and so forth. Just making conversation. Sheesh. Save the condescension for someone else.
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How I am supposed to know if you are a rookie or a professional ?

I wasn't being condescending !

Only helping he, who I thought was blind in the valley of darkness. jikes:D

Excuuuuuuuuse fucking me.
 
I would wait and try to exit at break even if the stock doesn't fall.
what would be your profit if we were to go to 275 in 2 days assuming vol doesn't move?
 
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