cash settled versus physical

Discussion in 'Options' started by osho67, Jun 7, 2012.

  1. Several months back I had an Iron condor in QQQ. One morning I suddenly found IB had sold stock and I was short QQQ stock.

    What would have happened if instead of QQQ there was an cash settled index?

    Thanks for guidance.
  2. 1245


    I assume you saying you were early assigned on an ITM call. If you are trading a Cash indexes that allow early exercise, you would have no position the next morning on that leg. Most don't allow it. So just stick to those.
  3. Thanks . cash indexes are european style