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Strategies & Market Trends : Option Strategies -- Ignore unavailable to you. Want to Upgrade?

To: sm1th who wrote (2533)	10/23/2023 11:29:35 PM
From: robert b furman	Read Replies (2) \| Respond to of 2591

Hi Sm1th, I got some 16 T's assigned (70 contracts). I also sold 70 15's which expired to 00.00. Net purchase price minus premium from both yields a return based on cost of 7.48%. First assignment I've had for 2023. Got lucky I guess/I hope. I now have one contract in December and a bunch in January. Hoping to close all out and go into treasurys in 2024. Basically the same money with a guaranteed pay back. Safe money is a good thing. If we get a big dip, I'll pay cash and just try to steal them at a lowball price. I've ridden this horse a long time. With rates where they are, it time to switch horses. It will require me to be patient, hope to learn that. By January all my puts will be assigned or expired. Still probably play the extreme cases, so I'm not gone, but a bit redirected. Best of all trades to you Sm1th! Bob