| Date | Account | Action | Shares | Price | Cost | Earnings | P&L |
|---|---|---|---|---|---|---|---|
| 12/30/2022 | Binck | Buy | 800 | 23.425 | -65.36 | -65.36 |
Notes:
Unsurprisingly someone exercised my 8 short puts for JAN 2023…
So I bought 800 shares at the price of $25, or an equivalent of $25,000.
On the other hand, I received an average of $904 per option, which equals $7,236.
Adding to this, I also sold my $15 protection puts earning about $620 per piece, equalling $4,960 for a total of $12,200.
This means there’s a difference of about $12,800 or $16 a share to break-even. Right now we’re at about $5,50, which is not that great, but no catastrophe on the long run, except of course if EV or the company fails.