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Strategies & Market Trends : From the Trading Desk

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To: steve goldman who wrote (2875)4/20/1998 7:07:00 PM
From: AlienTech  Read Replies (2) of 4969
 
Hi Steve, got a question regarding options. If you hold a call or a put and its in the money on the 3rd friday of the month what happens?
I am tryign to find out if there is anythign special I have to do since I had some options worth $5 each (30*100=15k) that expired and not sure what to do at this point since the stocks gone up another point its worth 18k at todays close. ETrade told me to call back tomorrow to see what happened since they dont know ?.

Thankx..
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