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Message: FRG up 38% Sell or hold????
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I decide to sell a June 14 SC for 0.7 for my current holding. I am giving an obligation to sell the stock at $14 and collecting 0.7 for it.

I get a credit of 0.7 for getting out.The stock is trading at $14.4. So I am collecting a premium of 0.3.

The only thing I have to wait till June to get out.

If the deal is concluded within the near future, the 0.7 credit is in the pocket. I do not need to wait.

If the deal does not conclude and the stock fall, I also get to keep the 0.7 credit.

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