April Expiration
Today is the expiration of our AAL, UBER, ATI, RIG, and IOT positions. Here is a short look at where we stand with each.
I expect AAL, UBER, ATI, and RIG will finish below our short strike prices, which means the calls we sold will expire worthless, leaving us with our stock positions Monday morning. Expect to hear from me Monday or Tuesday, depending on market conditions, on whether we will sell these stocks out or sell new calls.
IOT, meanwhile, is likely to close above the strike price that we sold, and we will walk away from this position with our full profit.
Stepping back, you do not need to address these positions today.
