We have positions in Corning (GLW) and Starbucks (SBUX) expiring today.
I am recommending we accept shares of GLW. I will recommend a call to sell soon.
Our SBUX shares are on track to be called away at a nice profit.
GLW Sep Week Two (9/10) 41 Put
Current Stock Price: $38.76
Cash in Hand: $1.32
Action: Accept shares
Cost Basis: $39.68
SBUX Sep Week Two (9/10) 117 Call
Current Stock Price: $119.35
Cost Basis: $115.50
Action: Allow shares to be called away
Profit: $1.50 or $150 per contract