Message Font: Serif | Sans-Serif
No. of Recommendations: 0
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
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.