I was short the BAC March 13 $24 calls, and when the market ramped up in the last half hour, the stock closed at $24.16 from several platforms I checked including TOS, Bloomberg, Yahoo Finance, Google Finance. So I was expecting my long stock position to get called away in my IB account. However, that did not happen so I'm unclear as to why. Is the $24.16 closing price not the actual closing price even though I checked it on several different sites? On my IB account right now (Sunday March 15), it shows the price as $23.35.
24.16 was the closing price and your short calls would have been auto exercised, but the holder of these calls has until 530 pm et (many brokers have an earlier cutoff to meet this deadline) to file a "do not exercise" notice. BAC was trading below 24 after hours on Friday, so it seems there were many people who decided not to exercise their 24 calls, hence you were not assigned.
Hence, mr 3 posts, welcome to the wonderful world options!!! your bac will be 23 or lower on the open no doubt
bac is now 20.65 bid. Covered call writing has always been a poor strategy.There use to be mutual funds that used this strategy. To say the results were mediocre is an understatement.