This META put was exercised and given early assignment back in April when the pit was deep in the money. If recalled correctly, it was a whole month earlier before the expiration date. This was the day when the market fell to the lowest when Trump used tariffs to manipulate the market.
Was scrambling to Allocated funds for the assignment as it came a bit sudden. Anyway, months later these underlying are now profitable, and have been selling covered call on the side with far out strike that mostly expired worthless.
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- Merle Ted·09-08TOPI may have to hold both stock and option because AMZN hits 240. I think META should go higher because it was down over 40 points in the last two weeks.1Report
- Athena Spenser·09-08TOPSo glad those META shares turned profitable after that sudden assignment!1Report
- JackQuant·09-08Wow, nice put strategy!1Report
- Astrid Stephen·09-08Far-out covered calls on META? Smart move to offset that past stress!LikeReport
- Mess0M·09-08Great strategy! Love how you're handling it! [Cool]LikeReport
- Valerie Archibald·09-08META bleeding so bad since last week.LikeReport