I bought Jun 18 $50 calls on Delta Airlines at $3.50 a lot. The lot is worth $6.70 now, so my paper profit is $3.20 a lot.
The stock is trading at $55. In theory, I could exercise now (pay $50), immediately sell for $55, and pocket $5.
Is this the right way of looking at it to determine whether I should stay in the option position, or exercise?
Submitted December 14, 2017 at 10:37AM by time2roll http://ift.tt/2o6JfZe
