I Just Got Assigned $SOFI Puts... Now What? (The Next Step)
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Getting assigned on a stock like SOFI can be stressful, but it is a standard part of the Wheel Strategy that I prepare for in advance. I walk you through the specific math I use to calculate my adjusted cost basis and show you how I select the right Covered Call strike to immediately start generating premium against these shares. Watch to see my live management plan for turning this assignment into a structured income trade.
🚨Get Trade Ideas & Market Updates: 👉 https://theweeklywheel.beehiiv.com/
Getting assigned on a stock like SOFI can be stressful, but it is a standard part of the Wheel Strategy that I prepare for in advance. I walk you through the specific math I use to calculate my adjusted cost basis and show you how I select the right Covered Call strike to immediately start generating premium against these shares. Watch to see my live management plan for turning this assignment into a structured income trade.
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