Along with minimums for time value and activity, I want to make sure that there is a minimum number of contracts that have remained open. For the DITM strategy that I use, the lower the OI the greater the chance of my getting an early assignment. Joe.
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Quote I've never traded futures options and probably should not have replied. Mark Unquote Mark, have you ever got any early assignments? Yes or No? I've been awaiting your answers (for this particular question)!
Yes, I have. During expiration week. One or two at a time (for maximum commission pain). Always calls, never puts. This was many years ago, before there were any deep discount brokers. In recent years have traded only European options. Mark
i was never assigned ,but i did exercised my rights-i had no choice-it was last year on british pound puts.there was still more then a month till exp.,but the options got so DITM,that i couldn't sell them. so at first i tried to sell them for only the intrinsic value,but the MM didnt touch them.that i hedge them with futures,but was stupid,cause too much money were staying stuck there..... had the same "problem" with oil,but my broker sold them on the floor,i dont remember why he didnt want to do the same with the pound puts....