Assigned date vs acquired date

Discussion in 'Options' started by priest, Sep 18, 2008.

  1. priest

    priest

    Hello,

    What is the acquired date(bought/sold)? If,say, on June 5, I'd sold August puts. At August OE, I'm assigned(bought); did I buy on June 5 or on August OE?

    I'm thinking June 5th, but just want to make sure..

    Thanks
     
  2. You bought the stock when you BOUGHT the stock, not when you sold a contract that obligated you to buy the stock. You bought stock at Aug expiration.

    Mark
    http://blog.mdwoptions.com/options_for_rookies/
     
  3. priest

    priest

    Thank you, Mark.