HAL option expiration.

Discussion in 'Options' started by cramerica, Jan 20, 2012.

  1. I sold a $36 call on Hal. It closed today at $36.20 and in after hours trading it is moving around from 36 to 36.15 range. My question is: Will it be called away? If it were me I would not bother to call it for .20. Oil was down almost $2.00 so stock can possibly be purchased cheaper than 36 on Monday. TIA
    PS: On expiration day does aftermarket trading have anything to do with stock being called? I E, if it went down to $30 in aftermarket trading would it still be automatically called by the broker?
     
  2. bc1

    bc1

    They will exercise to collect a penny. That is there business. Penny here, a penny there, twenty bux here, it all adds up. They were probably also trading those shares on the aftermarket as well to make a little more.
     
  3. Be careful with HAL, it is very untrustworthy.


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