Opened the leaps a while ago. Left it hanging hoping to time it correctly. Who knows it keeps going back and forth in this range.
Decided to just open the short leg of the call option, hence forming a poor man covered call. The leap will act like the stock itself but now just gotta be careful that it doesnt get assigned if it crosses the strike of short call.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Open | 1.42 4Lot(s) | -193.66% Holding |
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- LenaAnne·10-03TOPAssignment risk is the whole game now. With expiry that close, IV crush helps a bit, but if AVGO starts leaning through 400 the short leg needs babysitting lolLikeReport