I was assigned shares of GE on Thursday.
music selection: “Let The Good Times Roll” — Shirley & Lee
weigh-in: 216.8 +3.4 – doh!
I had three contracts of a short put on GE open. All three assigned early on Thursday. I used the opportunity to go ahead and roll then instead of waiting until Monday. I sold three contracts of GE170526C00030500 for 32 cents a share. The trade will be in force for 44 days and yields 8.70% annualized.
GE is a little beaten up right now but I expect it to be back. The opportunity with the PREDIX operating system is huge.
Devour your prey raptors!