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Author: Gabriel044 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1209  
Subject: Exercise the Option? Date: 3/1/2012 1:13 AM
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I am brand new to the Options world, and about a month ago I bought my first option: one 75 July Call option on Under Armour. I did my research but I had a little beginners luck. My option is up 85% and while I know the expiration day is a ways down the line, I am thinking about exercising it when the time comes. I believe in the stock and understand that I might make a little more of I sell the option, I am wondering if my thinking is correct that maybe it is better to own the 100 shares when the time comes and make a little less profit (ie- actual price of the stock minus the strike price that I would pay. But as I see it, I think owning the underlying shares might afford me some more opportunities to hold the shares, possibly for the long haul investment. Am I off base here? I welcome any thoughts or suggestions. Thanks.

a First time Option Buyer
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