Hi, I made a gamble with limited knowledge on how options work. I purchased 3 calls expiring this Friday with a strike price of 287.5 and 3 calls expiring on 5/13 with a strike price of 295.
Fortunately got the options near their lowest points today but if it doesn’t move on the money tomorrow what would be the value of these options and what strategy should I play in terms of selling?
I think the market may not rebound since google missed earnings so am considering selling these positions to prevent any further losses. Can someone assist on what would be an optimal play in the situation I put myself in?
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