Message Font: Serif | Sans-Serif
No. of Recommendations: 0
MUCH appreciated reply. A few lightbulbs went off n my head as I was reading it. Thank you for the common sense explanation of the intrinsic and time values. It now makes sense to me that the time is valuable because the stock MAY keep going up and it doesnt care how far IN THE MONEY I am.

I am thinking I will set a target price of about $19 and if that happens, I will sell and add the cash, and buy 100 shares for lesser price than it is currently at. If it keeps rising, I will maintain a close eye and look for the next dip and reset my target price with the same game plan.

Thanks for your time on this one.
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.