mqazi1373 5 Report post Posted December 17, 2021 (edited) Hi All I have several Bull Call Spreads on SPY with different expiration dates spread out over next month. They are targeted to get profit of 6-10% with strikes below the current SPY price. For example: SPY C435/440 Dec 20, 2021. SPY C425/430 Dec 31, 2021. SPY C425/430 Jan 03, 2022. Today I got several of the short legs assigned; I saw some of the legs were expiring in Jan 03, 2022 which lots of time value left. I have bought back the shares and then Written those short legs to re-instate the Bull Call Spread. (I probably should have entered Bull Put Spread to avoid this situation). An example below for SPY C425/430 Jan 03, 2022, I had 4 BCSs, 3 short legs were assigned, TV=1.12 still left: Anyone experienced similar assignment with so much time value is still left? Why such kinda assignments happen? Edited December 17, 2021 by mqazi1373 Share this post Link to post Share on other sites