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Strategies & Market Trends : Options

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To: AmericanVoter who wrote (6290)4/11/2000 2:10:00 PM
From: edamo  Read Replies (1) of 8096
 
amein...."assignment"....maybe yes, maybe no....

can't guess what is in the mind of the buyer of the put...

all you know is your action...

you sold 170.....not clear what your premium is...you have a profit at any point from 170 to less premium collected if assigned....below your adjusted cost you are in a loss position...

the assignment takes place at expiration if the common is less then the strike....the only thing that matters is your ability to accept the contract and your adjusted cost basis.
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