Stuck in a Covered call/Any Suggestions?
$Micron Technology (MU.US)$ I sold covered calls for 4 contracts few weeke ago and now I am stuck. I have rolled it 3 times already at strik prices and dates so I dont need to pay premium to roll and my next ones is June 18 at strike price $800. So technically I am in contract and making no gains in premium and stuck in a contract. what should I do. what would the best thing to do at this point? I dont wana lose my shares. I wana ride until $1000 but without being in a contract and without paying high premium to buy back.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.Read more
Comment (1)
to post a comment