Hi Everyone,
I have a question here in how to make profits in this trade. Any help is much appreciated.
I have a call trade something like this. Numbers are just for clarity.
CALL PFC190CE buyed at 4.75... I would expect the target to hit @ 10. consider the expiry is next week. After 2 or 3 days of my buying, consider it reached the target. how can I make profit in this trade? because I read that option can be exercised only at the time of expiry in european style options.
Pls clarify. ( One person told me that we can hold/book the price and exercise, I dont understand that completely)
Quick help is much appreciated.
I have a question here in how to make profits in this trade. Any help is much appreciated.
I have a call trade something like this. Numbers are just for clarity.
CALL PFC190CE buyed at 4.75... I would expect the target to hit @ 10. consider the expiry is next week. After 2 or 3 days of my buying, consider it reached the target. how can I make profit in this trade? because I read that option can be exercised only at the time of expiry in european style options.
Pls clarify. ( One person told me that we can hold/book the price and exercise, I dont understand that completely)
Quick help is much appreciated.