Charles Schwab (SCHW) has run well beyond the strike price of our SCHW Jul Week Five (7/29) 64 Call. I am recommending we allow our shares to be called away.
I will recommend a put soon to reduce our net debit on the position.
Current Stock Price: $69.51
Cost Basis: $69.24
Action: Allow shares to be called away
Net Debit: $5.24