Subject: Re: An option has been assigned
I suppose you could say I'd be equally happy to have been forced to buy it for an all-in price of $497 during any of 2028, or to have pocketed the time value I got when I sold the puts. I never modeled what it might look like in between those two points and time periods. It sounds great to get a bit of extra income on cash I'm holding in the account, but the purpose of that cash is to buy Berkshire when it's cheaper and having it tied to the puts limited my ability to do that. I suppose in that case, it's kind of good to be assigned, because I get out of the option early without buying it back (which likely would have cost me more). Now that I have those extra Berkshire shares, I can sell them and buy Calls if I feel the stock is still quite low.