Hey options traders,Im currently learning options and im looking for some advice on an ITM call option position:
    This is a imaginary scenario :

    • Bought a call with 80 strike price

    • Paid 10 rupees premium (breakeven at 90)

    • Current stock price is 88

    • Option chain shows strikes at 70, 75, 80, 85, 90…

    Let us say this is a 2nd week of a month and i took the above trade, i know that i will be in profit if the CMP of the stock goes above 90rupees.Let us say it hits 93 and im in a profit of 4K(this includes all opyion greeks calculation).Now i decide to close this trade to book profit so i sell this option via my broker app(zerodha,grow,….).

    My question is ::
    1.Who will buy this ITM option contract from me if i sell this contract.
    2.Will this be more liquid.
    3.What are my chances of getting profit
    4. What would you do in this situation as a retail trader(will you buy this contract)?

    Any insights or experiences with similar trades would be super helpful. Thanks!"

    Options quick clarification needed✅✅
    byu/AdGold8311 inoptions



    Posted by AdGold8311

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