Seeking Alpha
  • campusglass
    What should i do with the 15OCT 22nd GSK call i got, sell or hold?
    10/19/11
    Reply (9)
    • Michael Stuart: Commented in my ST, but, still want to play it or do you like your gains so far?
      10/19/11
    • Mr. Massive: sell
      10/19/11
    • Mr. Massive: time decay OTM
      10/19/11
    • campusglass: Ah i see MS, I like the gains, but I'm thinking about taking your advice and going for the January ones too. Which Jan option are you in?
      10/19/11
    • campusglass: MM why sell?
      10/19/11
    • Michael Stuart: I'm in 14 JAN ones. MM has good point, time decay will kill you with 2 days left before expiration. Take gains, roll over profits, play
      10/19/11
    • Michael Stuart: for free!
      10/19/11
    • campusglass: True. Thanks guys. Im taking profit don't think im jumping back in. I appreciate the advice though
      10/19/11
    • Mr. Massive: he said it - often times with options you look at where you want the price to go and play that as opposed to playing thsoe who thinkg that
      10/19/11