Is assignment positive or negative for people selling/writing a covered call?

First of all, I have a bit more than 1 year experience with stock options, I have sold several CCs and CSPs. So far I was thinking that when selling a covered call, the best scenario is that you get the premium and the option expires with no assignment.

Yet, now I realized that this scenario is good only when you want to keep the shares, because you like the stock. If you are not attached to a specific stock, then the best scenario is that the covered call is assigned: you get the premium and also the difference between the price you paid and the strike price.

Is there anything wrong in this reasoning? I would like to read what you think from the seller point of view.

reddit.com
u/it_trojan — 2 days ago

Week 5: Sell CSPs expiring on 2026-08-21. Good premium and low delta

This is the 5th week of my experiment: I want to check if I can identify short-term cash-secured put options with a low likelihood of being assigned. In short, if I can collect premium without buying the shares, at least most of the times. There are some rules:

  • only the US exchanges NYSE, NASDAQ, ARCA are used;
  • very high option yields are filtered out, too risky;
  • current price must be ≥ 5% higher than the strike price (5% OTM);
  • premium per share is >= 0.20, that is at least >= $20 per contract, but it is usually more than that.

After 4 weeks, the percentage of assigned CSPs is 13%, 3 out 23 puts. Not bad but let's see in the next weeks. You can see the cash-secured puts I have selected and the statistics here: https://optionstacker.github.io/sell-put-options/. There are no earning or ex-dividend dates in the next days

Last week someone told me that one of the stock I chose was too volatile and risky because linked to oil, USO. Provided that I'm here to learn and I earned money with that stock, I definitely may make mistakes. I'm not infallible.

For 2026-08-21:

NYSE

RHI, Industrials, RHI260821P00040000, yield 0.55%, OTM 6.36%

NASDAQ

VIAV, Technology, VIAV260821P00040000, yield 1.3%, OTM 8.16%

MWH, Utilities, MWH260821P00030000, yield 1.1%, OTM 6.28%

ARCA

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reddit.com
u/it_trojan — 3 days ago

Week 5: Sell CCs expiring on 2026-08-21. Good premium and low delta

This is the 5th week of my second experiment: I want to check if I can identify short-term covered calls with a low likelihood of being assigned. In short, if I can collect premium without selling the shares at the expiry date, at least most of the times. There are some rules:

  • only the US exchanges NYSE, NASDAQ, ARCA are used;
  • very high option yields are filtered out, too risky;
  • strike price must be ≥ 5% higher than the current price (5% OTM);
  • premium per share is >= 0.20, that is at least >= $20 per contract, but it is usually more than that.

Last week 2 of the 3 listed CCs have been assigned, the percentage of assigned CCs is 23.8%, 5 out of 21 CCs. Considering that if assigned you get the premium + the difference between the price you paid and the strike price, it's not bad, you have earned money. Unless you are attached to those shares and ideally you want to keep them. You can see the covered calls I have selected and the statistics here: https://optionstacker.github.io/sell-covered-calls/ . There are no earnings or ex-dividend dates in the next days.

For 2026-08-21 I see nothing relevant for ARCA:

NYSE

SMR, Industrials, SMR260821C00010000, yield 2.42%, OTM 5.26%

NASDAQ

CORZ, Technology, CORZ260821C00021500, yield 1.33%, OTM 5.7%

ARCA

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reddit.com
u/it_trojan — 3 days ago

Week 4: Sell CCs expiring on 2026-08-14. Good premium and low delta

This is the 4th week of my second experiment: I want to check if I can identify short-term covered calls with a low likelihood of being assigned. In short, if I can collect premium without selling the shares at the expiry date, at least most of the times. There are some rules:

  • the next expiry date is used;
  • NYSE, NASDAQ, ARCA are the exchanges;
  • very high option yields are filtered out, too risky;
  • premium per share is >= 0.20, that is >= $20 per contract.

After 3 weeks, the percentage of assigned CCs is 16.7%, 3 out 18 CCs have been assigned. Considering that if assigned you get the premium + the difference between the price you paid and the strike price, it's not bad. You can see the covered calls I have selected and the statistics here: https://optionstacker.github.io/sell-covered-calls/ . There are no earnings or ex-dividend dates in the next days

For 2026-08-14:

NYSE

FIG, Technology, FIG260814C00025000, yield 1.67%, OTM 7.32%

NASDAQ

CELH, Consumer Defensive, CELH260814C00029500, yield 1.37%, OTM 6.1%

ARCA

USO, ETF, USO260814C00125000, yield 1.12%, OTM 5.91%

reddit.com
u/it_trojan — 10 days ago

Week 4: Sell CSPs expiring on 2026-08-14. Good premium and low delta

This is the 4th week of my experiment: I want to check if I can identify short-term cash-secured put options with a low likelihood of being assigned. In short, if I can collect premium without buying the shares, at least most of the times. There are some rules:

  • the next expiry date is used;
  • NYSE, NASDAQ, ARCA are the exchanges;
  • very high option yields are filtered out, too risky;
  • premium per share is >= 0.20, that is >= $20 per contract.

After 3 weeks, the percentage of assigned CSPs is 15%, 3 out 20 puts have been assigned. Not bad but let's see in the next weeks. You can see the cash-secured puts I have selected and the statistics here: https://optionstacker.github.io/sell-put-options/. There are no earning or ex-dividend dates in the next days

For 2026-08-14:

NYSE

HL, Technology, HL260814P00016000, yield 1.44%, OTM 5.1%

NASDAQ

UPST, Financial Services, UPST260814P00028500, yield 1.67%, OTM 7.32%

ARCA

USO, ETF, USO260814P00111000, yield 0.7%, OTM 8.39%

reddit.com
u/it_trojan — 10 days ago

Sell CCs expiring on 2026-08-07: good premium and low delta

The following options have no earnings or ex-dividend dates before the strike date. The current price is below the strike price by at least $1.5. The values may be slightly different depending on the platform you use.

NYSE

LUV, Industrials, LUV260807C00048000, yield 0.6%, ANN. ROC 54.75%, OTM 3.65%

NASDAQ

CORZ, Technology, CORZ260807C00024500, yield 1.83%, ANN. ROC 166.99%, OTM 6.75%

ARCA

XBI, ETF, XBI260807C00150000, yield 0.63%, ANN. ROC 157.49%, OTM 3.31%

reddit.com
u/it_trojan — 16 days ago

Sell CSPs expiring on 2026-08-07: good premium and low delta

The following options have no earnings or ex-dividend dates before the strike date. The current price is above the strike price by at least $1.5. The values may be slightly different depending on the platform you use.

NASDAQ

CORZ, Technology, CORZ260807P00021000, yield 1.81%, ANN. ROC 165.16%, OTM 8.06%

NYSE

BILL, Technology, BILL260807P00044500, yield 0.97%, ANN. ROC 88.51%, OTM 5.65%

ARCA

USO, ETF, USO260807P00119000, yield 1.29%, ANN. ROC 117.71%, OTM 2.56%

DPST, ETF, DPST260807P00148000, yield 1.24%, ANN. ROC 113.15% OTM 2.82%

reddit.com
u/it_trojan — 16 days ago
▲ 2 r/CashSecuredPuts+1 crossposts

CSPs expiring on 2026-07-31, good premium and low likelihood of being executed

Among the POs with DTE -4, I've filtered some with a decent premium and low delta. The price is below $50 for equities and below $150 for ETFs. The values can be slightly different depending on your data source:

NYSE

U260731P00028500, yield around 0.88%, ROC 80.3%, OTM 2.09%;

ZETA260807P00018000, yield around 3.06%, ROC 101.54%, OTM 13.13%;

TOST260807P00028000, yield around 2.64%, ROC 87.6%, OTM 2.66%;

NASDAQ

LYFT260807P00013500, yield around 3.04%, ROC 100.87%, OTM 10.74%;

ARCA

DPST260731P00137000, yield around 1.22%, ROC 111.33%, OTM 6.65%;

reddit.com
u/it_trojan — 23 days ago
▲ 2 r/CoveredCalls+1 crossposts

CCs for 2026-07-31: good yield and low likelihood of being assigned

Among the CCs with DTE -4, I've filtered some with a decent premium and low delta. The price is below $50 for equities, below $150 for ETFs. The values can be slightly different depending on your data source:

NYSE

CMG260731C00037000, yield around 0.81%, ROC 73.91%, OTM 11.5%;

VFC260731C00019500, yield around 1.17%, ROC 106.76%, OTM 13.87%;

BTU260731C00025000, yield around 1.01%, ROC 92.16%, OTM 9.75%;

NASDAQ

KTOS260731C00054000, yield around 0.81%, ROC 73.91%, OTM 11.5%;

UPST260731C00030500, yield around 0.79%, ROC 72.09%, OTM 9.34%;

ARCA

TNA260731C00072000, yield around 0.81%, ROC 69.35%, OTM 3.77%;

USO260731C00133000, yield around 1.02%, ROC 93.08%, OTM 5.65%;

reddit.com
u/it_trojan — 23 days ago
▲ 2 r/CashSecuredPuts+1 crossposts

Puts expiring on 2026-07-24, good premium and low likelihood of being executed

Among the POs with DTE -3, I've filtered some with a decent premium and low delta. The price is below $50. The values can be slightly different depending on your data source:

NYSE

RNG260724P00035000, yield around 1.49%, ROC 181.28%, OTM 4.57;

LW260724P00042000, yield around 1.02%, ROC 124.1%, OTM 4.86;

LW260724P00041000, yield around 0.93%, ROC 113.15%, OTM 5.86;

reddit.com
u/it_trojan — 29 days ago

CCs expiring on 2026-07-24, good premium and low likelihood of being executed

Among the CCs with DTE -3, I've filtered some with a decent premium and low delta. The price is below $50. The values can be slightly different depending on your data source:

NYSE

RNG260724C00044000, yield around 1.7%, ROC 209.2%, OTM 4.53;

LW260724C00051000, yield around 1.35%, ROC 164.2%, OTM 4.42;

HOG260724C00030000, yield around 1.31%, ROC 159%, OTM 1.86;

NASDAQ

GTLB260724C00034500, yield around 1.3%, ROC 159.38%, OTM 1.55;

reddit.com
u/it_trojan — 29 days ago
▲ 0 r/CashSecuredPuts+1 crossposts

My favourite cash-secured put options for 2026-07-24 (selling, OTM). Any thoughts?

These puts have been filtered on the basis of the low likelihood of being executed at the expiry date: low delta, IV below 100%, in uptrend in the last 3 months, the distance between the current price and the strike price is $1.5 or more. The yield is around 2-3%, it means >100% on an annualised basis. For NYSE: ZETA260724P00020500, LW260724P00045000, LW260724P00044000 or even LW260724P00043000. For the ETFs in ARCA many of the puts for DPST. Nothing interesting for NASDAQ.

What do you think?

reddit.com
u/it_trojan — 1 month ago
▲ 3 r/CoveredCalls+1 crossposts

My favourite covered calls for 260724 (selling, OTM). Any thoughts?

For NYSE I like LW260724C00050000, LW260724C00049000, IOT260724C00040000. For the ETFs in ARCA: DPST260724C00153000, DPST260724C00154000. They all have a decent yield, IV below 100%, a good distance between the current price and the strike price, a low delta (below 40%) that is a low likelihood of expiring ITM.

What do you think?

reddit.com
u/it_trojan — 1 month ago

Best option screener/viewer (selling side)

What do you think it's the best option screener/viewer, especially for the selling side. As far as I can see in reddit, there are a couple of them that stand out, Tradevision and Barchart, but I may be wrong. Anyway, explain also the reasons why you use it: because it's free or it's easy to filter or anything else...

reddit.com
u/it_trojan — 1 month ago