Originally Posted by
orvil
I sold mine a long time ago and moved on to better trades. Now would be a really good time to put in an order to sell your options. Sell half of them of them at least. Play with the house's money. Nothing goes up forever and you will never sell at the very top.
Wouldn't you rather be wrong at 18 and it go up further than be wrong at 18 and it go down?
I had a conversation with a friend the other day who still had his stock. I asked him what he was waiting for before he sold. He said DAL was going to 50. I illustrated for him that the options market wasn't even pricing 50 in two years. Actually, if gave odds of making 30 in two years at 7%.
If you haven't sold, examine why you haven't. There are many people who simply cannot take a gain. Are you one of those people? It's a high class problem.
It's not a good idea to invest in the entity that provides your paycheck. Take the money and invest in something else. You can always put it into cash until you are seized with the next big pilot idea. There is a reason why you can't buy DAL stock in the 401(k) and the DC Plan.
Sell some now, I bet Richard is.
I optioned 1/2 my position today. Got $2.55 for Jan2014 18.00 contracts. Got 2000 shares @ 6.75. Wish I had bought more and trying not to be greedy.