thanks ed, and to clarify, the premium was 89 at the time, and the strike 170 (I did not sell the puts though)... so, adjusted cost is 81... so, if the underlying closes at say 91 at expiration, and I get assigned, like I am told here, I can either sell the shares or keep them... and my net will be 10 points/share minus the commissions my broker charges...
that is my understanding, what I did not know was, that I will definitely get assigned if the underlying expires anywhere below the strike of the put, as I was told here... but now, you are saying may be yes, may be no... so, it seems that I was right after all...
thanks again
best regards
amein |
