u/SerenityNow31

According to google image search.

Resting on a PVC pipe in my garden.

https://preview.redd.it/m3k4k2ibyyjh1.jpg?width=709&format=pjpg&auto=webp&s=e20aa47f3732e15a8847d75749feb5f468a6f424

I used google image search to figure out what this beetle is and it appears to be a leaf beetle called Anomoea laticlavia. But I'm not sure google image is finding this exact type so I thought I'd ask if anyone knows what this is.

FYI, the white stuff on the leaves is Surround Kaolin Clay.

https://preview.redd.it/9vp5gvtd01ch1.png?width=479&format=png&auto=webp&s=2956388e0bb41508441e4c3d08d62f7e8fe12906

I am somewhat new to selling options and this has happened a few times with various stocks. The contract I sell will go into the money before expiration but the buyer does not exercise the option. A few times it was only in the money for a couple of days and so when it expired, the buyer lost out.

Here's a generic example.

1. Stock is at $90 on April 1.

2. I had bought it at $99 previously.

3. I sell a call option with a $100 strike price expiring April 30 for $100.00.

4. Two weeks in and this tech stock has gone way up. It hits $110, $120, $130, $140.

5. For over a week it has been well into the money and the buyer still has not exercised. If they did today, they could buy at $100 and sell at $140 and make an easy $4,000 from a $100 contract buy. Instead they are risking the price dropping again and eventually out of the money.

I thought maybe it was just a human on the other end and they forgot they bought it or weren't paying attention. But it's happened a handful of times I doubt this is the case.

Maybe they want it to go higher but if so, just exercise the option and then wait to sell.

Why aren't they exercising early? Thoughts? I must be missing something obvious.

PS. The reason I care is because I want them to exercise the option early to free up my cash so I can do another option during the month.