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December 8th, 2017 at 4:01 pm
FTR/Taihu – Well you have the dividends coming so see if you get called away or collect the dividend and then see what happens. We'll certainly set up something for FTR in Jan – once the dust settles. Sounds like you have 6,500 shares and you sold $8 calls for 0.60, which is what the dividend is so, basically, you are out at $8.60 and have the short puts left and then you'll see if they get assigned or not and then you can set up a new position.