Options for Newbies -(Help Me Obi-Wan-Kenobe) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: OX who wrote (1648)	9/29/1999 6:16:00 PM
From: bogumil	Read Replies (3) of 2241

I am just getting starting with options and I have a really basic question... Suppose I hold an in-the-money call at expiration date and I am on vacation and out of touch with my broker. What happens to the option? Do I get cash for the option or do I have to come up with money to buy the underlying security at the strike price? Or, God forbid, I get nothing for my option because I failed to "exercise" it? Thanks! Manu

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next