How do you guys treat long dated options that are in the money and up a lot early? Sell and restart position later?
Position is 2 contracts Jan 15 2027 Calls, strike price is $5.
Hope everyone is securing nice gains today. I had a question regarding long-dated options that are ITM, up large gain % from a couple large upward moves.
Do you guys close out if you’re up big quickly on leaps/dated far out, even though you still have strong conviction, and then open up a new position after some dust settles? Or do you generally just hold and hold until your PT etc?