Ill keep it short an sweet and to the point.
bought 500 shares of UWMC at $7.12 and bought 200 contracts of UWMC 7.50 calls expiring this friday at 0.15c a contract.
Should i wait before stock price is at least at 7.65 to offset the price of commissions and the options, before executing a write on my 500 shares, and selling the remaining 195 contracts? Just unsure of what the protocol here is and trying to determine, if its better just to sell all the options and just hang on the shares. Im up either way, just trying to prepare for Friday. Thanks in advance
