Assignment Risk for Weekly Options

Discussion in 'Options' started by nwoptions, Sep 23, 2022.

  1. Hi everyone, if I want to trade long neutral butterflies on a weekly basis, when should I close out my trade to avoid assignment?

    Someone of thetagang told me to close out the position no later than Wednesday.

    Do you agree?

    Thanks
     
  2. What number is my 2nd cousin thinking of now?
    AKA: Insufficient information provided.
     
    ffs1001 and nwoptions like this.
  3. Overnight

    Overnight

    42 *micdrop*
     
  4. Damn, your good!
     
  5. taowave

    taowave

    And other than a div play,why would anyone exercise their call early??

    And why do you care??


     
    nwoptions likes this.
  6. TheDawn

    TheDawn

    2!!!!
     
  7. ffs1001

    ffs1001

    Don't know about your 2nd cousin, but im thinking of the number 69.

    Maybe my subconscious is trying to tell me something.