cash settled versus physical

O

osho67

Several months back I had an Iron condor in QQQ. One morning I suddenly found IB had sold stock and I was short QQQ stock.

What would have happened if instead of QQQ there was an cash settled index?

Thanks for guidance.
 
I assume you saying you were early assigned on an ITM call. If you are trading a Cash indexes that allow early exercise, you would have no position the next morning on that leg. Most don't allow it. So just stick to those.
 
Quote from 1245:

I assume you saying you were early assigned on an ITM call. If you are trading a Cash indexes that allow early exercise, you would have no position the next morning on that leg. Most don't allow it. So just stick to those.
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Thanks . cash indexes are european style
 
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