Assigned early on half of my ERX 8 DTE 20/25 call vertical debit spread. So short half the spread. Easy fix, the 20 long call was so far ITM exercised at intrinsic value so made half the profit a week early. Will let the rest expire next week.
Sitting on my hands the next 2 days, then have a lot expiring tomorrow and will either let assign or roll on Monday depending on what’s left.
FAS CC at 65, 64, 66 are all ATM so will see what happens. Cost basis 61.27, 64.11, 58.17 and 60.63 so all looking good either way.
TNA 69 CC at full profit so will let assign tomorrow.
GM 38.5 CC next week, it is also ATM.
Finally 2 positive weeks in a row, easier with market moving up but I had some trades with a bearish bias as well. Have pulled back 11k on the SVXY losses. Still a long way to go but every bit helps.
Looking at trades for next week, good premiums still out there, WDC, EXPE, SMH, XBI all at top of the list. Some have earnings. SWKS possible #fallingknife looks like finding bottom.
That’s all I have until Monday, have a good expiration and weekend!
Options Bistro 