Hey guys,
Very new to options so here is the problem.
I bought AAPL July $260 call couple of weeks ago and sold $270 May against it. Now price is approaching $270.
What would you do right now as AAPL is $269 premarket right now. Would you wait two more weeks before you buy back or roll over strike? Or you would buy back right now?
Did you get assigned three+ weeks before expiration? Because eventhough price is at strike, option is still made of extrinsic value and has yet to get any intrinsic value.
Thanks in advance,
Vimal
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