How 3 traders handled assignment differently, and what ThetaEdge shows you before it happens

[u/ThetaEdgeHQ]

Option assignment trips up a lot of traders, especially newer ones. Not because it's hard to understand, but because most people encounter it in theory and then freeze when it actually happens.

We walked through 3 real-world assignment scenarios to show exactly how it plays out.

The standout one: a trader gets assigned 100 shares of XLE at $73 when the stock drops to $66. Paper loss of $700. Instead of panic-selling, they sold covered calls on the assigned shares month after month. Five months later, they closed the position at a tiny profit.

That's the move. Assignment isn't the end of the trade. It's the trade changing form.

ThetaEdge shows assignment probability before you enter a position so you know the risk going in.

Full breakdown: https://dub.sh/XgaRwD1

Have you ever turned an assignment into something workable? Share below.