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Technology Stocks : Oracle Corporation (ORCL)
ORCL 198.80-5.6%Nov 21 9:30 AM EST
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To: robert b furman who wrote (17416)7/23/2002 9:48:10 AM
From: kaka   of 19079
 
robert,

option assignment is a random event, or a first in first out event from the OCC, to clearing houses, to the customer who wrote the positions. All or just some of the contracts can be assigned, and this can occur anytime before the contract expires or automatically at expiration if the contract is a certain amount in the money.

cheers,
k
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