N nravo Jan 20, 2009 #1 On IB, can I place an OTO order so that when a short option is assigned it also triggers an at the market sale of the underlying, assuming, of course, it was covered option?
On IB, can I place an OTO order so that when a short option is assigned it also triggers an at the market sale of the underlying, assuming, of course, it was covered option?
T thegazelle Jan 21, 2009 #2 If you have long stock, short call, and the option is assigned, you won't have any stock, you'll be flat. Perhaps i'm not understanding?
If you have long stock, short call, and the option is assigned, you won't have any stock, you'll be flat. Perhaps i'm not understanding?
N nravo Jan 22, 2009 #3 Quote from thegazelle: If you have long stock, short call, and the option is assigned, you won't have any stock, you'll be flat. Perhaps i'm not understanding? More... Brain fart. Apologies.
Quote from thegazelle: If you have long stock, short call, and the option is assigned, you won't have any stock, you'll be flat. Perhaps i'm not understanding? More... Brain fart. Apologies.