Need advice on these Options

Discussion in 'Options' started by Alver, Mar 23, 2023.

  1. Alver

    Alver

    Hello,

    I have 3 active options - see below or in attached in better/readable format (could not paste here in table format). What do you recommend me to do with these. Shall i sell them or keep?

    These were purchased for me by my agent who I am not using anymore. I lost some funds on apple option as well (i had another thread here on that).


    Symbol Quantity Mult Cost Price Cost Basis Close Price Value Unrealized P/L
    Equity and Index Options
    USD
    BABA 16JUN23 300 C 20 100 3.51876 7,037.52 0.0013 2.6 -7,034.92
    BABA 19JAN24 300 C 10 100 4.719427 4,719.43 0.1656 165.6 -4,553.83
    NIO 19JAN24 65 C 3 100 3.555427 1,066.63 0.045 13.5 -1,053.13
    Total 12,823.58 181.7 -12,641.88
     
  2. newwurldmn

    newwurldmn

    Nothing you can do. Like the Apple situation.
     
    Alver likes this.
  3. Alver

    Alver

    On second BABA i have $165 still remaining. Do you think it makes sense to sell it?
     
  4. Alver, imagine that you have $165 cash in your hand right now. Would you spend that money on a BABA lottery ticket or do something else with it. Just a thought. :)