SPY - Assigned but Not Worrying
There is always the potential of being assigned and here we are assigned a 200 share short position. Not a bit worried as we are entering this very broad resistance area.
Have a couple options here.
1) I can close out and take a loss, not going to do that yet.
2) Sell PUTs against my short position to cover or collect more premiums. (May opt to do this will see how the market plays out after the cash open)
3) Just let it ride for now (which is my most likely scenario)
Have to be patient here and I am one of the most patient traders you will meet.
Yes this is real money I am playing with, not selling trades and have no account myself.
Have a couple options here.
1) I can close out and take a loss, not going to do that yet.
2) Sell PUTs against my short position to cover or collect more premiums. (May opt to do this will see how the market plays out after the cash open)
3) Just let it ride for now (which is my most likely scenario)
Have to be patient here and I am one of the most patient traders you will meet.
Yes this is real money I am playing with, not selling trades and have no account myself.
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