SPY 90 Put

Discussion in 'Options' started by asdfghj7, Nov 21, 2008.

  1. I wrote a Nov SPY 90 Put when prices were above 90. Even with yesterdays down move to 75, I still didn't get assigned yesterday. For those who have been assigned in the past in SPY options, what does this thing have to do today for me to be assigned with one day left?
     
  2. MTE

    MTE

    You'll be assigned at expiration, which is today or to be more exact tomorrow.

    You should search ET and Google for "early option exercise" just so you understand why and when options are exercised early.
     
  3. You should have some easter eggs in your account monday :)

    Just write some ITM or deep ITM calls on it. SPY will go back eventually.

    I wonder how C putwriters are doing :)