Our Advanced Micro Devices (AMD) shares are on track to be called away at a small profit. If the stock happens to close below $81, our call with expire worthless and we will sell another one soon.
Our Danaher (DHR) shares are also on track to be called away, albeit at a much larger profit.
I am recommending we book profits on our iShares Global Clean Energy ETF (ICLN) put rather than risk holing through expiration.
Finally, both QuantumScape (QS) and Invesco Solar ETF (TAN) are trading well below the strike prices of the puts we sold. Let’s accept shares and we will sell calls against them soon to reduce our cost basis on the positions.
AMD Apr Monthly (4/16) 81 Call
Current Stock Price: $82.01
Cost Basis: $80.83
Action: Allow shares to be called away
Profit: $0.17, or $17 per contract
DHR Apr Monthly (4/16) 220 Call
Current Stock Price: $243
Cost Basis: $215.88
Action: Allow shares to be called away
Profit: $4.12, or $412 per contract
ICLN Apr Monthly (4/16) 23.50 Put
Current Stock Price: $23.54
Cash in Hand: $0.45
Action: Buy to close the ICLN Apr Monthly (4/16) 23.50 Put for around $0.15
Profit: $0.30, or $30 per contract
QS Apr Monthly (4/16) 44 Put
Current Stock Price: $36.12
Cash in Hand: $0.75
Action: Accept shares
Cost Basis: $43.25
TAN Apr Monthly (4/16) 90 Put
Current Stock Price: $85.22
Cash in Hand: $2.30
Action: Accept shares
Cost Basis: $87.70