Recent content by tomk96

how does a reversal/conversion turn into trading a butterfly?

did the stock go ex-div., because if it did, you're paying it.

if there is value in the call, you are usually better off selling the put. if you want to be short, sell the put and sell stock. since your puts are 1 year out, you would not want to exercise them at all.

open interest is the number of outstanding option contracts. you see it per option based on the previous day's close.

good luck with that

from assignment?

i think in a case of averaging better and taking profits.

if the stock is hard to borrow, or generally expensive to borrow, you will get assigned.

while this is correct, most professional option traders have read natenberg

not marginable. you won't be borrowing money unless assigned.

highly unlikely. it doesn't stop you from trading, just daytrading.

if you exercise your put, which i assume you are really asking, you will take a short position. you will need to still maintain the margin for that position and pay any short stock fees.

better yet, let's just trade from 8:30 to 3:00 or 3:15

nobody said you need to hold the option until expiration and let all the premium out.

you are currently so far behind that you should just find a new idea.