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Subject:  Option Trading Date:  11/28/2012  4:54 PM
Author:  kthor Number:  1103 of 1476

Bought my first option after 25+ of investing LOL
my question is , Iam sitting on a $800 profit, would like to exercise the option to buy the stock, but my confusion lies to what will happen to the $800 profit I have now? will it be credited toward the purchased of the stock? or should i just close the position and take the $800 profit?

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