My previous puts resulted in being assigned 400 shares of SPLK 0.00%↑ at $100 effective average.
Those shares were called with the deep in the money call option sold at an effective price of $101.30 for a 1.3% gain.
I have re-sold 4x $106 strikes SPLK 0.00%↑ at 1.22 limit. The options expire 23rd June 23.
Maximum amount of cash needed at assignment: $42,400
Credit: $488
I think people still vastly underestimate the amount of end business SPLK 0.00%↑ will do in the mid-long term future and that if all else fails, being assigned and then being down on the shares will mean I am still holding a relatively fast growing, secular-tail wind enabled tech business with a rapidly expanding end market.
Usual disclaimers apply. Not financial advise. Dyodd.