As I mentioned this morning in the daily update, there are two positions that expire today.
The first position is HOG and as I write this it is trading around $23.10 or slightly above the strike price. Leave this position alone for now and lets wait to see where it
settles at the close today.
The second position is the short $18 call on OSTK.
My suggestion is to buy back the May 22nd call for $.20.
After you close the position that expires today, then Sell to Open (1) May 29th - $18 call for every 100 shares you own.
The May 29th - $18 call can be sold for $1.25.
You pick up a gain of 35 cents per share on the call that expires today and another $1.25 per share for the calls that expire next Friday.
Of course, this alert only applies to you if you bought shares in OSTK.
As a reminder, all markets are closed this Monday for the Memorial Day Holiday here in the States.
Enjoy your holiday weekend!