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What's the risk involved if the short call is assigned on a call Zebra option strategy?
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Zebra option strategy is when you buy 2 ITM calls and sell 1 ATM call to achieve 100 deltas and 0 extrinsic value.

It is a stock replacement strategy with all upside and limited downside.

Resources: https://www.reddit.com/r/FinancialAnalysis/comments/r46n54/introduction_to_the_zebra_strategy_how_to_buy/

https://www.tastylive.com/concepts-strategies/zebra

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1 year ago