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MTRX2

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MTRX2

Re: None

Friday, 06/18/2021 9:08:03 PM

Friday, June 18, 2021 9:08:03 PM

Post# of 626
Newbie Covered Call Question

Hello Everyone! I have a quick question on a recent Covered Call. Thank you in advance for an answer!!

I bought 100x shares of ORPH at $10.62 ($1,062.61) with 1 Covered Call at $12.50 for July 16 (premium $340.00).

The current market for ORPH is $7.24.

Can I, or is there any advantage, to sell my 100x $10.62 shares (now) for the $7.62 price ... and then before July 16 make sure I have 100 x shares should my Covered Call get assigned?

Or are my current $10.62 shares locked up until July 16th?
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