R riskarb Dec 16, 2005 #12 No offense Sid, but I feel the lifeforce being sucked out of me after reading your one-liner.
B bigsid Dec 16, 2005 #13 Quote from riskarb: No offense Sid, but I feel the lifeforce being sucked out of me after reading your one-liner. More... None taken riskarb, Sorry but I'm new to options trading and wasn't sure how the assignment process worked.
Quote from riskarb: No offense Sid, but I feel the lifeforce being sucked out of me after reading your one-liner. More... None taken riskarb, Sorry but I'm new to options trading and wasn't sure how the assignment process worked.
R riskarb Dec 16, 2005 #14 If the option is out of the money, you're in the clear. If it's in the money, you're going to be assigned to short stock on a short call, long stock on a short put. Only if these were naked short options with no underlying spot position.
If the option is out of the money, you're in the clear. If it's in the money, you're going to be assigned to short stock on a short call, long stock on a short put. Only if these were naked short options with no underlying spot position.
C Choad Dec 16, 2005 #15 Some basic option stuff: http://www.cboe.com/LearnCenter/OptionsInstitute1.aspx