When you unexpectedly turn from Asset Rich to Cash Rich.
The last time my options got assigned was for ITM Puts. Now its for my Covered Calls that got ITM. I’ve expected it to end higher and wanted ti take profits. thats how i got from Asset rich to Cash rich.
Covered Calls: $NVIDIA (NVDA.US)$ Bullish trend, taking profits and benefits of higher stike price to reap profits.
At times it may be advantageous to be asset poor Cash rich, especially when your bearish. Being...

$Hang Seng Index (800000.HK)$
China recently unveiled its biggest economic stimulus package in years, with stocks around the world rallying in response.
In a webinar at 6pm AEDT on Thursday, October 10, moomoo Australia market strategist Michael McCarthy will discuss the rally in markets, how long it will last and the Hong Kong stocks and sectors to watch, followed by a Q&A session.
Click the 'Book' button above to be notified when the webinar begin...

$Tesla (TSLA.US)$ will announce its third-quarter delivery numbers next week, with the company possibly looking at its “best quarter ever” in China, Wall Street pros are rushing to increase their outlooks for the electric vehicle maker’s quarterly sales.
Wall Street is estimating average deliveries of about 462,000 units, up 6% from last year, according to data compiled by Bloomberg. At least four analysts ha...