OTO with option assignments

Discussion in 'Order Execution' started by nravo, Jan 20, 2009.

  1. nravo


    On IB, can I place an OTO order so that when a short option is assigned it also triggers an at the market sale of the underlying, assuming, of course, it was covered option?
  2. If you have long stock, short call, and the option is assigned, you won't have any stock, you'll be flat.

    Perhaps i'm not understanding?
  3. nravo


    Brain fart. Apologies.