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Whole Foods Market, Inc. Message Board

  • sherlockshah sherlockshah Feb 14, 2013 3:50 PM Flag

    i bought 10 calls for 90.50 for 10 cents, now they are worth 2 cents

    if the stock goes up tomorrow. to lets say 89 or 90 bucks will it be worth more than 10 cents? or should I just cell it now?

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    • Don't do anything and the calls will expire worthless if they are Feb. calls. Why spend more to sell the calls than the calls are worth? You made a bet. It's over. Only sell calls if the value is greater than the commission. The stock would have to be above 90 at expiration for the calls to be worth anything. Since you didn't list the expiration date of the calls, I assumed you have the Feb calls.

 
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