My Yahoo 30 call options, for which I paid about 1000, are now worth almost 2000. Should I sell or hope for further rise in Yahoo's share price?
http://joeduck.wordpress.com/2007/02/05/putting-my-money-where-my-yahoo-is/#comment-19260
2007-02-09 06:46:17 · 6 answers · asked by JoeDuck 2 in Business & Finance ➔ Investing
Sell half of them. That way, your initial investment is covered.
Giving the volatility of the tech sector, this strategy is a smart idea.
2007-02-11 13:05:40 · answer #1 · answered by ckm1956 7 · 0⤊ 0⤋
Either sell half or sell all. Yahoo is a great company, and has the potential to grow more than any other tech stock in 2007, that being said it is crazy volatile! It could easily drop 5 pts in the week.
A bird in the hand is worth two in the bush.
2007-02-09 16:20:51 · answer #2 · answered by MR MONEY 3 · 0⤊ 0⤋
Its always good to take the profit and then enter market again bcoz you never know when the market is going to turn back,
Its better to book profit and then later on buy an option of a further month as the value of the option fall as the expiry comes near by.
2007-02-09 15:51:37 · answer #3 · answered by Sayed Tabrez 1 · 0⤊ 0⤋
if you really thinks that Yahoo's share will decline it is better to sell your option instead of exercising it.
2007-02-09 15:16:16 · answer #4 · answered by Anonymous · 0⤊ 0⤋
You should have sold them...if you're going to trade fast, trade fast.
2007-02-10 20:00:47 · answer #5 · answered by anywherebuttexas 6 · 0⤊ 0⤋
sell half of them and wait ....... if it goes up or down ...in either cases you wont feel bad
2007-02-09 15:13:59 · answer #6 · answered by raj 1 · 2⤊ 0⤋