Will shares for week 4 $415 options sold for $5.80 get taken? I think they're expired but they're still showing up as out there.
Why sell a covered call for a few dollars when you can sell longer term for anywhere up to $45-?
$45 is pre-tax until closed out or stock is taken. The stock can rally, these option can still fall due to time.
You will see it called away/ assigned on Monday because the options expire on Sat.
it's best not to let your short calls get exercised...roll them out at the close, or just buy them. you save on commissions and your taxes are easier
yeah... only thing is when I rollover ... I usually end up losing a little anyways.
Yes, sell puts at the same price on Monday.
The options settle on Saturday. You will have to repurchase your shares whenever you want to get back in.