NVDA Option Assignment
I’m glad I was planning to take the NVDA 32.50 naked put option assignment. Someone pulled the trigger on me yesterday, so the shares were assigned this morning. I received this email from TD Ameritrade:
You have recently been assigned the following option position: 4 UVANZ
I have been surprised this wasn’t assigned earlier considering the amount in the money it was and then realized that the buyer was waiting for their earnings to come out. Here’s what I’ll have after expiration today if I don’t buy my other four options back:
Feb 32.50 Puts -UVANZ $507.00
Feb 25 Calls - UVABE $567.00
Feb 25 Puts - UVANE $587.00
400 shares assigned $(13,019.19)
400 shares assigned $(10,020.00)
Total Cost $(21,378.19)
Avg Per Share $26.72
Current share price $22.61
After I missed out on getting out when I should have yesterday at mid-day, I’m actually considering taking the full 800 shares on. That would be 22% of my portfolio in one stock. I don’t […]
Original post by Alex Fotopoulos