option question fron newb

Discussion in 'Options' started by nec, Nov 16, 2007.

  1. nec


    still very much a newbie. If a stock (stv ) goes over the strike price before the expiration date, do I buy that underlying stock before the expiration date ? or do I sell the option?

    thank you
  2. MTE


    Usually you would just sell the option in the market. Exercising it means losing time value.
  3. nec


    thank you MTE for your help. I appreciate it.