- ATPG shares have plummeted in value. Doesn't look like I'll be assigned.
Gut Check:
Shit. Not only has the share price dropped but it has dropped far even below my effective cost per share of 6.71 (after factoring in the premium I collected from writing the Covered Call).
I can't write an ITM Call at 6.00 without coming out at a loss if I am assigned. The Strike 7.50 option looks viable and can still get me about 3% ROI for the month, but I'm sure to be holding the stock even longer.
For the leftover funds, I'm looking at BAC for weeklys and REDF.
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