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Locking in the gain on KLAR CSP today.

$KLAR — Closing the May 15 $12 cash-secured put after capturing 92% of the premium.

At this point, there’s simply no reason for me to keep the position open trying to collect the last few dollars while still carrying the obligation overnight.

Could I probably let this expire worthless? Most likely. But that’s not really the point.

The important thing is that the trade already delivered over 90% of the available premium. Once I get to that point, the remaining reward becomes very small compared to the capital still tied up and the risk still technically on the table. Taking the win.

🎯Take Profit Alert: KLAR Cash Secured Put 92% Captured
May 14
at
4:44 PM
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