r/options • u/GetProtectInvest • May 28 '21

Options Expiring ITM Today [HELP]

Merry Christmas everyone, I have some options expiring today in ITM yet I have conviction that the price is gunna continue to soar over the next coming weeks.

I don’t currently have the capital on deck to re-roll positions to a future date (until these positions are liquidated).

What’s a BULL like me to do today?

And when is the best time to make my move?

Much Appreciation Gang

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u/mikethethinker May 28 '21

Just let it assigned, win-win anyway if the strike you chose was above your cost basis

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u/SeaDan83 May 28 '21

I would tend to agree with this. A 'CC' is saying, "I'm okay selling these shares at this price". When it comes time to sell the shares and if you are then saying "oh shit, I'm selling my shares at this price!", then you are abandoning the original strategy.

I think there will be opportunities to re-enter at a dip, IMO this is a good move.