Given that seeking alpha as been a wonderful site to learn the skills of trading, I am writing this post to ask a question to this forum. Insights provided will be much appreciated.
I currently hold JAN 2014 call options of MU, AAL and F and all of these have either reached their SP or very close. I have made +ve returns on all of these picks and feel strongly that they will continue to trade higher than the SP till expiry. I wanted to u/stand what should be the position that I should take given the current situation.
1. Should I continue to hold these position till expiry and sell them in the open market or
2. Should I sell them before expiry and book the profits.
I obviously don't have the funds to take positions so is there an option to trade them immediately in the market and just book the profits. Please advise..
Disclosure: I am long MU, AAL, F.