Hi
I would like help please with the choices I face if I have puts that are deep in the money
When the puts were first sold the stock was trading at $130 and is now trading around $50. I sold $90 puts (at a price of $9.00) exp Sept 2012.
I realise I have these 2 (expensive) choices
a)...
I would like help please with a trade I made selling puts.
I sold $90 puts (at a price of $9.00) exp Sept 2012 and they are now deep in the money currently trading at $53. When I sold the puts they were trading at $130
I realise I have these 2 choices
a) buy back the options
b) accept...