I keep getting assigned MARA!

[wxytrader]

Assigned 500 @ 23
Assigned 500 @ 21.5
Just sold 5 AUG9 contracts @ 18.

I'm currently down around 5k not including premium collected.

 

[maxinger]

Assigned 500 @ 23
Assigned 500 @ 21.5
Just sold 5 AUG9 contracts @ 18.

I'm currently down around 5k not including premium collected.

Your posting is incomplete.

What is your hidden message/feeling?

Are you very happy or very sad?!?!?

 

[wxytrader]

View attachment 345589

Your posting is incomplete.

What is your hidden message/feeling?

Are you very happy or very sad?!?!?

Indifferent.

 

[poopy]

Assigned 500 @ 23
Assigned 500 @ 21.5
Just sold 5 AUG9 contracts @ 18.

I'm currently down around 5k not including premium collected.

Not working out so great?

Discount arb. MARA. No f*ckery, zero volshift. 1W/2W. 200 delta at inception. Downside BE at maturity is 15.1.

 

[poopy]

40 lot. $2900 req under RegT. $160 under PM. LRO, net long contracts.

 

[poopy]

Not working out so great?

Discount arb. MARA. No f*ckery, zero volshift. 1W/2W. 200 delta at inception. Downside BE at maturity is 15.1.

 

[wxytrader]

Not working out so great?

No this is pretty much the way the accumulation phase looks for me
I was probably a bit early, but I got paid well for the 23 put due to earnings. I should be able to get .80 for a 21 call which would bring down my break even to 20.59. I would rather keep the shares so I will have to pick strikes accordingly.

I will def look at doing a fly on Monday...what do you think about the stock repair strategy?


btw can you give me the laymen translated version of these?

40 lot. $2900 req under RegT. $160 under PM. LRO, net long contracts.

40 contracts, $2900 on regular margin rules....

Discount arb. MARA. No f*ckery, zero volshift. 1W/2W. 200 delta at inception. Downside BE at maturity is 15.1.

Zero volatility shift? 1/2 wide downside break even at expiry is 15.1

 

[poopy]

The wheel is substituting the natural for the synthetic in CC. I don't get the interest. SP to buy-write -> win on assigned buy-write or keep writing as stock drops after 1st assignment.

I've done a few short puts in the last 20Y and only bc I needed to be cash-secured in a IRA.

 

[wxytrader]

The wheel is substituting the natural for the synthetic in CC. I don't get the interest. SP to buy-write -> win on assigned buy-write or keep writing as stock drops after 1st assignment.

I've done a few short puts in the last 20Y and only bc I needed to be cash-secured in a IRA.

Short puts because you are getting paid to be wrong...its essentially a dynamic stop loss.

 

[poopy]

Short puts because you are getting paid to be wrong...it essentially a synthetic stop loss.

SP are the opposite. Small premo to take D1 risk.