SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mama Bear who wrote (60954)5/27/1999 7:24:00 PM
From: Don Lloyd  Read Replies (1) of 132070
 
Barb - (...yesterday I closed a DELL put position at a nice profit. At the time the spread was 3/4 of a point, and I would have had to have given up 1/4 point to sell them, as they were deep in the money Junes. So I decided to buy the stock, and exercise the option...)

If memory serves, the option books used to talk about avoiding stock commissions. Unless my situation is unique, these days stocks have both lower commissions and lower spreads than options, so I find myself taking assignments at expiration on all or part of short strangles almost every month.

Regards, Don
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News