Naked calls expiring in the money

Discussion in 'Options' started by gtg401g, Jul 22, 2013.

  1. gtg401g


    So if I have naked puts expiring in the money, I get assigned the shares at the strike price.

    What happens when I have naked calls expiring in the money? Do I get assigned a short position at the strike price?
  2. Yes.

    You will be short 100 shares at the strike price for every short call. The proceeds from the short sale will show up in your account.
  3. gtg401g


    Thanks for your response!
  4. prc117f


    naked calls are risky. infinite loss. You can end up naked wearing a barrel and suspenders.