Covered Strangle CSCO April and Closing Remarks

I was not paying attention to the position in the last 2 weeks.

As a result, I got assigned 100 shares at 50$.

I now own 200 shares as with an average price of  $52.71. For the existing position there were also 38$ of dividends coming in on 4/27.

To generate some more income, I will start selling calls at 53 or higher. At this time, I will not sell another put, I don't want to add another 100 shares to the position.

Disclaimer

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