She said no sale of her AAPL shares. WHY the hell did those idiots sell her shares through their POS options strategies? If she got assigned on those options, that means their covered call strategies were s***!
AAPL was going up that's why her shares got called away in the first place in the stupid covered call option strategy. So if she needs to buy them back, she would have to pay more so she suffered losses.
No, they didn't "swindle" her out of anything. She got the money from having her shares called, and she could have bought them back immediately if she wanted. Correct on this point.
Would be nice to know at what price they were called relative to the strike(s). Might it have been <$1/share? Also... no assurance the stock was going to rise further after being called. What if the shares had tanked after exercise... would she still be entitled to compensation simply because she didn't want them sold? (Wish I'd been smart enough to "accumulate 17,000 shares of Apple.")
Aside from the Hate for self-righteous people, they just being what they do. We humans do that a lot. But aside from that, I agree BooMan. WTF, what's next. dogs and cats sleeping together? https://www.elitetrader.com/et/thre...-to-infinity-and-b.369135/page-3#post-5661571
i see. so everyone who sells covered calls is stupid according to you . lol, blocked , for life , and maybe even beyond that
Hey, that's too reasonable. She'd have to be responsible for her decisions and actions. Takes all the fun outta the game "Look What You Made Me Do!" Her poor old man. Deep six prolly lookin just fine to him about now. He who laughs last laughs like a mofo. ya can prolly hear him topside. fuggetaboutit, lol.
If her shares were called away, they were called away at the price of the strike and that's DEFINITELY lower than how much the shares were selling in the market at the time. That's how options work. So if she's to buy back the shares immediately after having had them called away, she would've had most definitely suffered losses.
No just them cuz they didn't traded the options right. You are just a troll who doesn't know what you are talking about.
How much lower, would you guess? Is there a "rule of thumb" about how far an option usually needs to go ITM before it gets exercised?