Once the covered calls go 'deep in the red'? Best to let the
trade happen (ie, the shares taken away) if thats what takes place.
AKA, letting mine go last Friday cause that was the gameplan all
along.. But yeah, not a good feeling when you thought the calls were
a 'safe' bet if you want to hang onto the shares.. and whoever exercised
the calls I sold for the shares I had? They better be fricking happy (smile)
But there are 2 months to go and the share price is shall
we say, a bit 'rich'. Ya just never know whats going to happen in the next
2 months.
Given the target price is what, around a $100??
When a run like this happens, its not unexpected to see it take a dive when
the momentum wears off and the profit taking, loss cutting (for those late to the
party) commences.. Not to mention if the shorts get ballsy and try to pile on for
a few quick dollars.
. L
Aaain, max pain is around $83 Lot of option value available to be wiped out between now and
Friday. But expect that $83 to rise up as those with nice profits on their call options start to lock
in the gains as the week goes on.
Market Data 
Markets 
AI
