We have a Peloton Interactive (PTON) standalone put and spread position expiring today, along with a Taiwan Semiconductor Manufacturing (TSM) spread.

I am recommending we spend a bit of cash to close the PTON put to avoid potential assignment. The PTON spread, however, is on track to expire worthless.

For the TSM spread, I am recommending we close the top leg to avoid assignment and watch the lower leg expire worthless.

I plan to issue one more recommendation for each position to bring in additional income. After that, you can reach me at [email protected] if you would like help managing any of these positions.

PTON Apr Monthly (4/16) 115 Put

Current Stock Price: $116.79

Net Debit: $11.50

Action: Buy to close PTON Apr Monthly (4/16) 115 Put for around $0.14, but adjust as needed to close today

New Net Debit: $11.64

PTON Apr Monthly (4/16) 105/100 Put Spread

Net Debit: $6.69

Action: Watch spread expire worthless

TSM Apr Monthly (4/16) 118/108 Put Spread

Current Stock Price: $118.41

Net Debit: $3.35

Action:

• Buy to close TSM Apr Monthly (4/16) 118 Put for around $0.21, but adjust as needed to close today
• Watch the TSM Apr Monthly (4/16) 108 Put expire worthless

New Net Debit: $3.56