MRAM
Everspin Technologies, Inc
stock NASDAQ

Oh wow. Sorry, I hadn't consider that it was that much ITM.
Yeah, that could happen then, early assignment. And it did of course, to you.
So now you own MRAM with a Cost Basis of 30 minus the premium you got, but it's worth only 17.50.
You probably know what to do from here, but your options are to immediately sell it and take the loss, or if you think it'll come back, sell Calls against it at your Cost Basis to help cover the loss while you wait.
What's your CB? Certainly above 25, and those Calls 38 days out are at 24-delta and only worth 0.81. It would likely take 11 or 12 of those to get you back to even, but that's about a year and 2 months.
What I do in those situations is to sell Calls at about 30-delta. Which is where I (and many others) sell Covered Calls anyway.
The 22.5 strike is at 33-delta and worth 1.22, 50% more than the 25Cs.
That gets you down to about a 9-10 month payback period.
Which is still a long time, so personally I'd consider going to the next strike down, the 20C at 46-delta, and sell those for 2.02.
That would make up your presumed loss of \~$12 per share down to just 6 months.
Of course I'd fully expect to have to roll that out and up, but I'd rather be in that position (capping gains for a time) than selling at 20 to 30-delta with such a high CB.
Just some things to think about.
Take care,
Mike

Yes I sold a put. Recently MRAM expiry 15 days left but option was ITM so MM assign stocks. Before expiration. MRAM I sold $30 put. Stock was $17 range.

Oh wow. Sorry, I hadn't consider that it was that much ITM.
Yeah, that could happen then, early assignment. And it did of course, to you.
So now you own MRAM with a Cost Basis of 30 minus the premium you got, but it's worth only 17.50.
You probably know what to do from here, but your options are to immediately sell it and take the loss, or if you think it'll come back, sell Calls against it at your Cost Basis to help cover the loss while you wait.
What's your CB? Certainly above 25, and those Calls 38 days out are at 24-delta and only worth 0.81. It would likely take 11 or 12 of those to get you back to even, but that's about a year and 2 months.
What I do in those situations is to sell Calls at about 30-delta. Which is where I (and many others) sell Covered Calls anyway.
The 22.5 strike is at 33-delta and worth 1.22, 50% more than the 25Cs.
That gets you down to about a 9-10 month payback period.
Which is still a long time, so personally I'd consider going to the next strike down, the 20C at 46-delta, and sell those for 2.02.
That would make up your presumed loss of \~$12 per share down to just 6 months.
Of course I'd fully expect to have to roll that out and up, but I'd rather be in that position (capping gains for a time) than selling at 20 to 30-delta with such a high CB.
Just some things to think about.
Take care,
Mike

Yes I sold a put. Recently MRAM expiry 15 days left but option was ITM so MM assign stocks. Before expiration. MRAM I sold $30 put. Stock was $17 range.