Too deep ITM and cant roll further to a further expiration date (require a lot of margin).
Slowly recoup back with the juicy covered call premiums
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Open | 21.05 2Lot(s) | +8.13% Holding |
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But this time - the massive jump yesterday make it impossible for me to roll. if didn't roll, worried my shares being called away. hence decided to close the previous covered call and open a fresh one with a OTM strike price
Would it happen?
Great article, would you like to share it?