Maybe a dumb question but let’s say Palantir is at or above your break even price at expiration. If you exercise your option do you have to pay $1,500(your strike price) more or can you use the money already put in the option to exercise it? I’m in the same boat as you, I don’t have the money for several hundred shares but want to own the shares in the future.
Maybe a dumb question but let’s say Palantir is at or above your break even price at expiration. If you exercise your option do you have to pay $1,500(your strike price) more or can you use the money already put in the option to exercise it? I’m in the same boat as you, I don’t have the money for several hundred shares but want to own the shares in the future.