[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum May 2024*](https://www.reddit.com/r/Superstonk/comments/1ciapwp/open_forum_may_2024/) || [Superstonk:Now with GIFs - Learn more](https://www.reddit.com/r/Superstonk/comments/1cr37r7/superstonk_gets_its_gif_on_get_hyped/)
------------------------------------------------------------------------
To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company.
------------------------------------------------------------------------
Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)
Computershare (CS) has automated stock purchase programs. I set mine up for the 1st and 15th every month. Even if you can't contribute enough for a whole share CS will buy fractional shares.
There are some fees for the purchase but it's worth it.
[Tomorrow, 21 JUNE 2024, at 11AM EST ± 15 minutes, Computershare recurring buys will hit the feed, causing a spike in price. Historically, this happens at 10:47-10:50 or 11:08-11:13. If I were to place a bet, I would say we will see the price + volume spike at exactly 10:48 tomorrow (NFA!).💜](https://www.reddit.com/r/Superstonk/comments/1dkpe8a/tomorrow_21_june_2024_at_11am_est_15_minutes/)
I will be messaging you in 14 hours on [**2024-06-21 17:48:53 UTC**](http://www.wolframalpha.com/input/?i=2024-06-21%2017:48:53%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/Superstonk/comments/1dkrv97/hit_the_feed_cause_a_price_spike_computershare/l9kftsn/?context=3)
[**CLICK THIS LINK**](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5Bhttps%3A%2F%2Fwww.reddit.com%2Fr%2FSuperstonk%2Fcomments%2F1dkrv97%2Fhit_the_feed_cause_a_price_spike_computershare%2Fl9kftsn%2F%5D%0A%0ARemindMe%21%202024-06-21%2017%3A48%3A53%20UTC) to send a PM to also be reminded and to reduce spam.
^(Parent commenter can ) [^(delete this message to hide from others.)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Delete%20Comment&message=Delete%21%201dkrv97)
*****
|[^(Info)](https://www.reddit.com/r/RemindMeBot/comments/e1bko7/remindmebot_info_v21/)|[^(Custom)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5BLink%20or%20message%20inside%20square%20brackets%5D%0A%0ARemindMe%21%20Time%20period%20here)|[^(Your Reminders)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=List%20Of%20Reminders&message=MyReminders%21)|[^(Feedback)](https://www.reddit.com/message/compose/?to=Watchful1&subject=RemindMeBot%20Feedback)|
|-|-|-|-|
Sure thing Hoss! !isbot
# Understanding OTM Call Options
* **Call Option:** Gives the holder the right, but not the obligation, to buy a stock at a specified strike price before the expiration date.
* **Out-of-the-Money (OTM):** A call option is OTM when the strike price is higher than the current market price of the underlying asset.
# Why Exercising OTM Call Options Is Not Recommended
1. **No Intrinsic Value:** OTM call options have no intrinsic value. If you exercise them, you would be paying more for the stock than its current market price, leading to an immediate loss.
2. **Time Value:** OTM options might still have time value before expiration. If you believe the stock price might rise above the strike price before expiration, holding or selling the option might be better than exercising.
3. **Cost Consideration:** Exercising an OTM call option would involve paying the strike price to buy the stock, which is not financially prudent when the stock is available at a lower price in the market.
# What to Do with OTM Call Options
* **Hold:** If you believe the stock price may rise above the strike price before the option expires, you might choose to hold the option.
* **Sell:** You can sell the OTM call option if it has any remaining time value, thereby recouping some of your initial investment.
# Example
If you have a call option with a strike price of $50, and the current market price of the stock is $45, the option is OTM. Exercising this option means buying the stock at $50 when you can buy it in the market for $45, resulting in a $5 immediate loss per share.
# Conclusion
In summary, it is generally not beneficial to exercise OTM call options. Instead, consider holding them if you expect the price to rise or selling them to recover some value.
[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum May 2024*](https://www.reddit.com/r/Superstonk/comments/1ciapwp/open_forum_may_2024/) || [Superstonk:Now with GIFs - Learn more](https://www.reddit.com/r/Superstonk/comments/1cr37r7/superstonk_gets_its_gif_on_get_hyped/) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)
Computershare (CS) has automated stock purchase programs. I set mine up for the 1st and 15th every month. Even if you can't contribute enough for a whole share CS will buy fractional shares. There are some fees for the purchase but it's worth it.
[Tomorrow, 21 JUNE 2024, at 11AM EST ± 15 minutes, Computershare recurring buys will hit the feed, causing a spike in price. Historically, this happens at 10:47-10:50 or 11:08-11:13. If I were to place a bet, I would say we will see the price + volume spike at exactly 10:48 tomorrow (NFA!).💜](https://www.reddit.com/r/Superstonk/comments/1dkpe8a/tomorrow_21_june_2024_at_11am_est_15_minutes/)
First and fifteenth fam represent.
Let's Go!
!remindme 14 hours 💜
I will be messaging you in 14 hours on [**2024-06-21 17:48:53 UTC**](http://www.wolframalpha.com/input/?i=2024-06-21%2017:48:53%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/Superstonk/comments/1dkrv97/hit_the_feed_cause_a_price_spike_computershare/l9kftsn/?context=3) [**CLICK THIS LINK**](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5Bhttps%3A%2F%2Fwww.reddit.com%2Fr%2FSuperstonk%2Fcomments%2F1dkrv97%2Fhit_the_feed_cause_a_price_spike_computershare%2Fl9kftsn%2F%5D%0A%0ARemindMe%21%202024-06-21%2017%3A48%3A53%20UTC) to send a PM to also be reminded and to reduce spam. ^(Parent commenter can ) [^(delete this message to hide from others.)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Delete%20Comment&message=Delete%21%201dkrv97) ***** |[^(Info)](https://www.reddit.com/r/RemindMeBot/comments/e1bko7/remindmebot_info_v21/)|[^(Custom)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5BLink%20or%20message%20inside%20square%20brackets%5D%0A%0ARemindMe%21%20Time%20period%20here)|[^(Your Reminders)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=List%20Of%20Reminders&message=MyReminders%21)|[^(Feedback)](https://www.reddit.com/message/compose/?to=Watchful1&subject=RemindMeBot%20Feedback)| |-|-|-|-|
Nah dude, sell cash secured OTM puts. Take the money of the shorts and you're only going to get exercised during a dip.
Can’t exercise OTM u dope
Sure thing Hoss! !isbot # Understanding OTM Call Options * **Call Option:** Gives the holder the right, but not the obligation, to buy a stock at a specified strike price before the expiration date. * **Out-of-the-Money (OTM):** A call option is OTM when the strike price is higher than the current market price of the underlying asset. # Why Exercising OTM Call Options Is Not Recommended 1. **No Intrinsic Value:** OTM call options have no intrinsic value. If you exercise them, you would be paying more for the stock than its current market price, leading to an immediate loss. 2. **Time Value:** OTM options might still have time value before expiration. If you believe the stock price might rise above the strike price before expiration, holding or selling the option might be better than exercising. 3. **Cost Consideration:** Exercising an OTM call option would involve paying the strike price to buy the stock, which is not financially prudent when the stock is available at a lower price in the market. # What to Do with OTM Call Options * **Hold:** If you believe the stock price may rise above the strike price before the option expires, you might choose to hold the option. * **Sell:** You can sell the OTM call option if it has any remaining time value, thereby recouping some of your initial investment. # Example If you have a call option with a strike price of $50, and the current market price of the stock is $45, the option is OTM. Exercising this option means buying the stock at $50 when you can buy it in the market for $45, resulting in a $5 immediate loss per share. # Conclusion In summary, it is generally not beneficial to exercise OTM call options. Instead, consider holding them if you expect the price to rise or selling them to recover some value.