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Strategies & Market Trends : Options

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To: Jill who wrote ()4/11/2000 12:43:00 PM
From: AmericanVoter  Read Replies (3) of 8096
 
question,

if you sell deep in the money puts, and at expiration, the underlying is above effective cost, will you get assigned...?

example, CMGI April 00 170 PUTS...bid is 89, which makes the effective cost 81... at expiration, if the underlying is above 81, will you still get assigned...? my understanding is that there will be no point of getting assigned, as the buyer will be better off selling his/her shares in the open market, however, someone is telling me that is not the case...

thanks to all

best regards
amein
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