>report states XLNX received $15bil buyout offer (~$59/share)

Stay in, unless the 2k is gonna really bother you

>>1266703
If the offer is legit, hold it.

however, don't get caught up with the numbers.

let the market decide how much the contracts will be worth, because likely you won't see that 56k before they expire.

>>1266718
This is true. OP I would set a mental trailing stop on how much profit you're willing to lose because the IV spike might fade before the price reacts much more

>>1266718
If XLNX issues a statement in the near future stating they recieved a $15bil bid and are evaulating, you don't think the stock would surge to at least the mid 50's?

File: mrgann3.jpg (10KB, 155x245px) Image search: [Google]

10KB, 155x245px

>>1266703

What if the shit hits the fan, OP? The bid/ask isn't tight which tells you that there is some hesitancy based on something you don't know. A 38 cent spread suggests a 6 cent standard deviation in volatility. Thus you could most likely sell some of your calls at 47 cents max prior to any news. No news and you're back to 14 in the blink of an eye.

Rich people will always tell you they sold stocks and options "too soon".

Good luck!

>>1266824
>Rich people will always tell you they sold stocks and options "too soon"

Thanks for that; gives me some perspective.

I invested the $2k assuming I was most likely going to lose most or all of it (so really I gambled it, but I'm ok with that) so I don't want to pull the trigger just yet, but after your perspective I will probably dump earlier than I had previously planned.