Coming up to Options Expiration
Trades:
- (yesterday) Cancelled Buy-To-Close DNDN Strike 11.00 @ 0.01
Gut Check:
- The price of DNDN is firmly below 11.00 (closed at 8.98 on April 18th), so I've taken a chance and cancelled my Buy-To-Close order, and will instead just let the Covered Call expire normally.
- I think I won't sell any options until DNDN's May 7th conference call to go over first quarter results.
- Once the option expires, I'll queue a Sell order to close my DNDN position with a limit price of maybe 15.00.
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