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JLS

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Posts 7863
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Alias Born 12/14/2004

JLS

Re: None

Friday, 05/29/2020 2:07:18 PM

Friday, May 29, 2020 2:07:18 PM

Post# of 3562
The TEVA OK Whatever trade:

Because I have $12.50 Calls written against TEVA shares, it's within pennies of being assigned as the week closes. Not concerned about that as that gives the opportunity to buy it back at lower prices next week -- followed by selling more CCs against it during the following days.

One more note about that; the closing highs of $13.45 on 02/12/20 (and again a week later) are the highest closes since May of 2019 when it closed at 14.36 at the high side of a full gap down. I don't know what created that gap lower, but I doubt it gets filled very quickly.

Do I care? Not really. Now I'm wondering if I should adjust that fork. Maybe I'll just add a fourth tine on the top.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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