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Thanks for all the replies and good advice about closing the trade early before expiry and I do agree. I'm just trying to make sure I understand all the possible scenario and necessary action need to be taken. Quoting Putmaster : ""Once it trades below both your strikes on exp day, there...

Hi Put Master, Once the trade is over and stock price below both shot & long put (eg: short put $60, long put $50), are you saying one need not do any thing and TOS will simply minus off the loss $1000 fr my account? My concern is my short put $50 will be assigned and whether I will...

I am a newbie in option and have been learing all the option basic and strategy ( credit spread , iron condor etc..) . i have started papertrade and has since move to live trading via thinkorswim platform. I have some question regarding action/steps needed after expiry and seeking enlightenment...