Long story short I sold a few covered calls for a stock that closed OTM on Friday, but after hours it became ITM and I got a message from my broker saying the shares were assigned and thus I lost them. Pretty straight forward, except the strike I sold them for was lower than I paid, so I took a loss. I assume rebuying shares at market open Tuesday would trigger a wash sale? Anything else I can do or do I just take the loss and learn from it?
I should have bought the CCs back before market close on Friday, but thought I was safe since they were pretty OTM at the time of close. Any way I could buy shares on Tuesday and possibly adjust the lots of would it have settled by then?
Options mistake with Covered Calls. Anything I can do?
byu/bbatardo inoptions
Posted by bbatardo