Recent content by Anustart

Thank you everyone. It was my first post on this site and it seems everyone there is helpful. I hope to one day return the favor.

Thank you for your posts and replies

Thank you so much. Yes, that clears it up.

Correct, most options are exercised/closed before expiration. I’m just asking as last resort, people can exercise on the last day. Let’s say a call option - X stock with a strike price of $120 with a premium of $3.00, it is three days before expiration and the stock now is at $128. I want to...

Good evening everyone. I know a very little about option trading. I’d like to know, Do I need the money in my account to exercise/close a option on or before the expiration date ? When I exercise can I sell the shares to the open market then give the seller the strike price and keep the...