u/Kayn2016 ·
Reddit — r/thetagang
· March 13, 2026 at 02:51
· ⬆ 28 pts
· 💬 43 comments
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Hey guys,
I'm new to the wheel, I just started selling CSP's a couple of weeks ago, I will soon share my position too when it's been a month to hear some feedback, but for now some questions came up in my mind.
Let's say you sold a CSP at 0.3 delta and 45 DTE, and the stock went up and down and now it's 8 DTE, not in the money, maybe slightly above, and it reached your 50% price target.
If you take the trade now, you got 50% of the premium for 37 days, and potentially with just 8 more days you can get another 50%, and if you're assigned, you only go as low as the stock goes within 8 days, granted it isn't in the money now and it's been 37 days.
So what do you do? In my mind I hoped that the stocks I sold CSP's on would go up early and then I could get out early and sell more CSP's but this scenario I shared here seems more likely to happen at this point