Recent content by tferg11

What if you are assigned on the short put at the close on exp day,? What happens on the following Monday when you no longer are covered by a long put and you don't have the cash to buy 100 shares of the stock?

Thanks guys. If I have $5,000 in my account, can I sell one 100/95 put spread? Even though I don't have the cash to buy 100 shares if assigned

How is this situation treated in a margin account? I have never traded in a margin account and am curious how this is treated if you are not approved to write naked options.