Short strangle on MPW stock (Recovery trade after getting assigned put option at $7)
coveredcalls.reinisfischer.com
On March 13, I got assigned 100 shares with MPW stock at 7. A position I originally started back in July 2023. My loss before options income form the position is $260, but as I have made options premium of $115, my actual break even price is $5.85. As I’m unable to sell above my current break-even price to receive enough premium, I decided to sell a covered call option near the strike price + sell an additional put option for additional premium - forming the so-called
Short strangle on MPW stock (Recovery trade after getting assigned put option at $7)
Short strangle on MPW stock (Recovery trade…
Short strangle on MPW stock (Recovery trade after getting assigned put option at $7)
On March 13, I got assigned 100 shares with MPW stock at 7. A position I originally started back in July 2023. My loss before options income form the position is $260, but as I have made options premium of $115, my actual break even price is $5.85. As I’m unable to sell above my current break-even price to receive enough premium, I decided to sell a covered call option near the strike price + sell an additional put option for additional premium - forming the so-called