Options Assignment While on Vacation

Discussion in 'Options' started by Arjun1, Jan 7, 2011.

  1. Arjun1

    Arjun1

    If:
    I am short cash secured or stock secured options
    and I don't care if I get assigned
    and I do get assigned while on vacation

    Then is there anything I need to do? Is any interaction with broker required?
    Also are there any extra costs related to assignement?
     
  2. rew

    rew

    Nope. If you have enough cash so that you don't get a margin call upon assignment of your puts, there's nothing you have to do. There is a brokerage commission cost for the assignment.
     
  3. Arjun1

    Arjun1

    Thanks