$ARM Holdings Ltd(ARM)$ The May 3 $128 Puts that I previously sold for $7.80 each were assigned early yesterday when the stock was $96. So someone who bought those Puts got spooked when the stock price started moving up again and sold me their shares yesterday for $128, then turned around and bought them back for $96. Very smart move on their part! In the meantime I added more shares to my stash at a net cost of $120.20 per share ($128 - $7.80). I don't mind that at all. Still holding a bunch of sold May 17 $130 Puts I previously sold. I'd like to drop those to $125 but the cost to do that is too high right now. We'll see what happens.
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.
