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Strategies & Market Trends : Options 201: Beyond Obi-Wan-Kenobe

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To: the-phoenix who wrote (672)5/17/2002 1:00:43 PM
From: Dan Duchardt  Read Replies (1) of 1064
 
What are the trading costs with IB when I am assigned for these covered TRMS calls this weekend? I can't find any info on their website about assignment costs. Is it just the cost of the stock trade?

I have rarely been assigned, but my recollection is it's just the normal stock transaction fees. I'll find out soon if there is anything extra for index options.

I'm looking pretty good on TRMS with my MAY-OCT50 call spread. I had a standing bid to buy back the calls at .15, but this morning was the first time other bids went lower, and I found my order was never posted. I don't think it will close above 50 now, but then what I think and what happens rarely agree.<ggg>

Dan
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