✅ $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.