As a premium seller who's routinely short options, taking assignment is something that will certainly happen from time to time throughout your trading career. Even for the most seasoned traders, waking up to some scary buying power changes can be an eye-opening experience. Still, it’s important to remember that even after an assignment, your overall risk in the position has not changed from where it was prior to the assignment.
Last night, we were assigned on one leg of our $BABA Vertical Spread, so today, we work through unwinding this position.
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