Help with a Brain Fart Combo Question

Discussion in 'Options' started by UVXY20, Feb 11, 2024.

  1. I suspect the short price was a market close aberration stemming from a last second price spike. Will know on the market open.
     
    #11     Feb 11, 2024
    murray t turtle likes this.

  2. Question.

    If you short 100 ABC stock you can buy to close the position by buying 100 shares.

    If you also sold an ABC put and it expires itm then you have to buy (assigned) 100 shares.

    Does this also simultaneously close your ABC short in the same transaction?
     
    Last edited: Feb 11, 2024
    #12     Feb 11, 2024
  3. Robert Morse

    Robert Morse Sponsor

    Yes, the assignment would close your short stock.

     
    #13     Feb 11, 2024
    wxytrader likes this.