You say the worse that can happen is that I get to own the stock? What if I don't want to own the stock?


You will only be compelled to own the stock if the option you sold expires ITM (in-the-money). If you don't want to own the stock, you can get out of the option obligation by rolling out the option to a farther expiration date and farther strike price. You can do this roll-out process every time your option gets threatened with assignment. See my article on Options Roll-outs.

Updated on April 16, 2018

Original Article:

Depressed by Low CD Rates? Options Will Make You Happy
By Daniel Mollat