We have two positions expiring today.
I am recommending we accept shares of D.R. Horton (DHI). We will sell a call against them soon.
I am also recommending we roll our Target (TGT) put.
DHI Oct Week Four (10/23) 75 Put
Current Stock Price: $72.21
Cash in Hand: $0.63
Action: Accept shares
Cost Basis: $74.37
TGT Oct Week Four (10/23) 160 Put
Current Stock Price: $159.85
Cash in Hand: $1.19
Action:
- Buy to close the TGT Oct Week Four (10/23) 160 Put for around $0.66
- Sell to open the TGT Oct Week Five (10/30) 160 Put for around $2.22
- Set your initial credit limit at $1.56
New Cash in Hand: $2.75