OA, I owe you many many charity donations...

$PIC

This could fly next week

https://www.cnbc.com/2020/12/18/jim-cramer-xl-fleet-ev-stock-could-be-a-steal-after-blank-check-merger.html

topher06 said:

---

$30,000 Millionaire said:

---

topher06 said:

---

I know this has been discussed before, but no idea where on the thread. If someone could help me out, it would be appreciated.

Have a couple of FUBO 12/18 covered calls sold at $40. Market closed at $39.25, but currently $40.04 AH. Are these in danger of being exercised (assuming rational decision not to exercise speculatively at $39.25), or is the market close price the dictating price?

Not the biggest deal, but will have some tax consequences of course. Thanks.

---

Yes, they can be exercised.

---

Thanks, so I guess the price at midnight is what matters?

---

1. A call buyer can exercise his call at any time. It does not have to be in the money.
2. In your case, I think you're asking whether your shares will be called away. Based on the official closing price of $39.25, your shares will not be automatically called away. Only way it will be is if the call buyer intentionally exercises his call. Which I don't think they would for the small arb of 4 cents.

Daniel sighting

No. One of my tutors ghosted the forum.

Been swamped doing the excruciating deep dive with quants and developers at the new fund.

Have seen some past staple names of this board make incredible highs and came to find the lambo posts.

ehrmantraut said:

---

OA, I owe you many many charity donations...

---

https://www.gofundme.com/f/help-needed-with-brian-mcilroys-medical-bills

Question to this board -- I have been playing some (many/most?) of the options mentioned on this board since late April. I've seen several people mention "I'm up XX% in my account this year..." or something similar. I can't easily do that because my option plays are in my retirement acct and are a small fraction of my total portfolio.

But what I can do, since I'm retired and have plenty of free time, is post a fairly detailed analysis of over 125 option trades (and counting) that I've made since April based on the recommendations from this thread. I've used the data from these option trades -- tracking daily changes on the option price -- to spreadsheet and compare over a dozen different strategies for "what might have been" had I followed a particular strategy. Do I wait until the option doubles and sell half to go net free? Should I take some profits off if it's up 50%? When do I bail on a loser?

I've used this data to land on a strategy that works for me and has delivered close to 6 figures in profits since late April. I use the word "strategy" fairly loosely, since I basically rely on the recommendations from this board for what to potentially invest in, then I basically follow a formula and let what happens, happen, with very few interventions. I'm happy to share my findings and promote some discussion.

I'm not a charting guru, I can't nail entry and exit points like some of you can. Quite frankly... I'm too lazy. I live on the beach in Florida, and enjoying a nice day on the beach or balcony means more to me than spending all of my time following the market. The only advantages I have are time on my hands and a healthy balance in my portfolio that enables me to be fairly active (currently have 20 option plays working) and maybe tolerate more risks than many of the contributors on this board.

If there is sufficient interest, I will pull together a rather long post toward the end of the year, laying out the results of all the data and spreadsheet analyses. I can document all the winners/losers of the 125+ plays and which of the strategies I've considered would have done best (in hindsight).

I figure that would be the best way to contribute to this thread, given what I've got out of it. Let me know if there may be an appetite for this.

Advanced warning - it would be a very long post, probably multiple entries. I'd start a new thread to avoid cluttering this one up.

Thanks

canagian said:

---

Question to this board...


...If there is sufficient interest,

---

I don't want to speak for everyone but, I'll speak for everyone... sufficient interest exists.

The order to exercise the call would have gone through Pre-market.
Here is a video that does a decent job explaining it.

I know this because it is standard practice for the algos of either your broker or market maker. They'll take the free money when they see it.