IB And Stock Options Questions

Discussion in 'Retail Brokers' started by tyrant, Dec 3, 2006.

  1. tyrant

    tyrant

    I use Interactive Brokers ( IB ) but am not resident in US. If I short a stock option and subsequently exercised against, will IB automatically deduct funds from my account and take up the stock for me.

    And what if a dividend is declared on the stocks I now hold, will they be sent to my home address or is it credited into my IB account?

    If I am short calls on a stock and exercised against, am I now short the underlying stock? Is this allowed with IB? Do I have to buy back the stock within a certain time frame?
     
  2. dpt

    dpt

     
  3. tyrant

    tyrant

    Thanks a lot, dpt.
     
  4. dpt

    dpt

    Cheers, tyrant. Good trading!