Posts  / #POST-220090
REDDIT

Rookie option question

H
Feb 18, 2026 · 21:29

I started learning about options about a bit over a month ago with some extra money I had - despite being very intimidated by it. I made some pretty decent gains despite a few small losses. My question is about limit orders.. right now I have a call in that expires the 20th. I don’t think I made the right call (pun intended?).. at closing though I noticed the stock going up. But I know timing is everything and with it being near that number at opening it will not look so pleasing. I have the option to change it to a limit order so it can be filled after hours. Am I able to set the order to a higher number despite at closing it had a -10$ loss? I see the stock going up and I don’t mind if I could profit even more if it skyrocketed up tomorrow (which I doubt). But can I set the limit to a breakeven or a bit higher. And if I do and it does not get filled, will I remain control of that option again until it closes this Friday? Apologies if I sound dumb but umm I am a bit dumb right now and just trying to learn. I keep hearing mixed opinions so seeing this Reddit page I would like some more insight, even if I made a mistake..