MSTR, good problem to have

I bought 100 shares of MSTR on Friday for 252.69 and I wrote a March 7 covered call at 255 for 8.05. I anticipate the price increase a lot and stays high until Friday.
What would you do if you were me?

 

good timing!

You shorted the put for more than $11 in premium. I would think you're going to get assigned at expiration and keep that $11.

 

If you really expect the price to increase a lot, I would buy the covered call back. Otherwise, you'll be giving your 100 shares away for cheap.

 

Learn from it and not do it again.

 

That call is going to 5x tomorrow. He’s better off getting assigned, look at the stock in the morning and buy the shares outright if he can and stop trying to day trade until he learns how to read tape, if ever. He should have simply bought one of those yield strategies.

 

Would it make sense if I try to roll it over?

 

I do not day trade

 

I hope mstr slyrockets so i can buy one big fat naked call on MSTU!!!


Watch what happens to MSTR when bitcoin drops below 70k 65k and 60k
.going to be quite a magic show !!!