### Comment:
Don’t exercise the $12 calls. You’d make more money selling them, considering 2 hours ago AMD was at 15.52, you have (15.52-12 = 3.52 of instrinsic) then (3.75 - 3.52 = 0.23 of extrinsic value in them). You would be missing out on 23* 100 = $2300 of profit by exercising early because of the extrinsic time value.  
  
 Edit: Also since there is no dividend coming up (AMD doesn’t pay dividends) there is no reason to exercise early.

### REPLY:
I'm not exercising early but I will be holding until the expiry date.  I'm in AMD long term.  I've been in since &lt;$2 and think they're going to do big things in the next couple of years.  So, I'm just going to stock pile some shares and let it ride.

### END.