I was surprised you were too when I looked at the OI. Most options on that line weren’t assigned. You lost 5 cents, plus the opportunity cost of interest during the time frame. And you are still long a put that has some value.
Yes, the 5.00 was after I sold the put this AM for .77. Love Fidelity my broker as they always get me great prices
I thank you for your replies to my strategy. I had quite a few winners but am trying harder to get more OTM CC's very difficult to find with the appropriate put to justify it with possiblity of assignment
LOL> Both of your posts to me say its not worth the effort. You and I know its code for you dont have a clue.
you don't have to take my word for it. The clueless guy at the table is the guy trading conversion arbitrage and thinking it's dividend capture. It's not worth my time, but here. Continue to waste your time and money: https://www.rivalsystems.com/news/a...tegies-conversions-reversals-boxes-and-rolls/