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?
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.
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.....
I have profit/loss targets and so forth. Just making conversation. Sheesh. Save the condescension for someone else.
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 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?