Writing Options

Discussion in 'Options' started by will2205, Dec 14, 2005.

  1. bigsid

    bigsid

    If I am short a call option at 4PM CST today does it become worthless?
     
    #11     Dec 16, 2005
  2. No offense Sid, but I feel the lifeforce being sucked out of me after reading your one-liner.
     
    #12     Dec 16, 2005
  3. bigsid

    bigsid

    None taken riskarb,

    Sorry but I'm new to options trading and wasn't sure how the assignment process worked.
     
    #13     Dec 16, 2005
  4. If the option is out of the money, you're in the clear. If it's in the money, you're going to be assigned to short stock on a short call, long stock on a short put. Only if these were naked short options with no underlying spot position.
     
    #14     Dec 16, 2005
  5. Choad

    Choad