Hello and thank you to whoever can help me understand. I accidentally purchased my first call option (thank you Robinhood swipe up feature smh.) it cost me $180 for 1 contract, 100 shares. Let’s say that the contract expires tomorrow for educational purposes, and the underlying stock DOES go up an exorbitant amount. Well I don’t have the funds to buy the stock for the price anyway, random numbers let’s say the stock price is 400 now and I think it will be 800 tomorrow. What do I do with the contract? Sell it? Is that safe? Or should I just let it expire and be out $180. Can I buy just the amount I can afford, and not all of them in the contract? Please keep answers short and simplified, I’ve done so much research today on call options I’m exhausted. I just want to know what I should do with my call option contract when it is actually the day of expiration, and the price of the stock actually is well above the break even and current price
