This weekend I say good bye to an old friend, we weren’t friends at first, a very trying relationship, but we somehow worked it out.
In July of 2018 I sold a 76 put as WDC had dropped from around 106. I rolled to 75 and was promptly assigned at 75. Through put and call sales I was assigned 3 more times as recently as June of 2019 at much lower strikes. Option premium as been good, easy to roll, plus dividends made it profitable for my 200 shares to be called away at 55, making around $600.
Thanks to so many of you who have demonstrated how to roll and adjust, making lemonade.