Tip #9:

Get In-The-Money & Stay There

When an in-the-money option enters its last week before expiration, close the entire position and take profits.

If you own an in-the-money call and the stock is trading above the strike price at expiration, your right to buy the stock at the strike price will be executed UNLESS you indicate that you don’t want the stock.

Don’t wait for it to expire. Close the trade before it’s closed on your behalf.