Print

question

Discussion in 'Options' started by jonbig04, Apr 29, 2008.

  1. jonbig04

    jonbig04

    if you write a call or put can you and sell it, can you assign it to somebody else?


    example I write 10 july 25's and get 3,000 premium. Could i then pay somebody 3,000 (or more or less) and they then take on the risk associated with those calls?
     
    #1     Apr 29, 2008
    Share
  2. dipper17

    dipper17

    The “writer” or seller of the call can, at anytime he likes go into the market and repurchase the same series call at anytime he likes. Once you have written/sold the call you are in NO way tied to that particular buyer of the call. You can anytime you like “buy to close” the option.
     
    #2     Apr 29, 2008
    Share
  3. magicz

    magicz

    which stock and which broker? ITM or OTM?

    I might take the other side of your trade..:)
     
    #3     Apr 29, 2008
    Share