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Message: Re: Warrants Vs Options Graph on Profitability (Updated With $10 and $12 Calls)

Joeschmoe,

Have a question for you. A friend bought the $2 and $5 Jan15 call spread about 6 months ago with the goal being a $3.00 profit less cost which at the time was $.85. Today that spread is worth $1.60. Do you think he should hold on to the spread until the entire $3.00 is realized or should he roll out into different call spread or some other play.

He also owns the Oct13 - $4 calls which I would he is considering rolling also.

Thanks

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