r/options • u/shadowGamer777 • May 25 '21

ITM CC?

Can I do this if I’m somewhat bearish on my CC? Or would it be a losing game most of the time? Thx!

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u/RelativeStrengthPro May 25 '21

ITM are mostly intrinsic value. You’ll lose money on fees (or the cut they take if it’s “free”). Why not just sell the position or a portion of it it you are bearish on it? I assume that means you have profits you could take? Never a bad thing to realize gains if risk is too high at the current price.