I was assigned stock last week from short 100 puts. With good premium at that strike I decided to sell calls in August.
Sold $OLED Aug 17 100 calls @ 2.45. With the put premium it would be a profit of 4.19 if I get taken out at 100 in August. I’ll gladly take that considering how much this stock has dropped over the last couple of weeks. Delta is 25 so the chances are pretty good that I’ll continue holding it though.