question

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

  1. 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?
     
  2. 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.
     
  3. magicz

    magicz

    which stock and which broker? ITM or OTM?

    I might take the other side of your trade..:)