- own alxa at 4 then pray/keep finger crossed into Dec + sell covered call (5 or 6 strike)
- survive being assigned at 4 and kick myself in Dec
- survive being assigned and say to myself '... wow....that was close' in Dec
- own alxa at 4 and go into Dec unhedge and kick myself and cry in Dec
Kicking myself now... I didn't get assigned any shares as it closed higher than 4 bucks at nov exp. now looking at 60 cent should-have could-have.
Congrat to all longs. I'm contemplating to buy write now.....
I'm in the same boat. Assuming assignment, I might split CC between Dec $5 and Jan $7; depending on the premiums and price movement. I think there will be a run-up into the PDUFA, but since we have no control over the FDA's decision, I try not to get greedy and will take the nice premiums as protection and hope for a good outcome.