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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Gary Ng who wrote (94186)2/18/2000 11:18:00 PM
From: Joe NYC  Respond to of 1578495
 
I don't know and was shocked too when they told me. I always thought that I have to clear the position or must have the needed cash available when engaged in a call option.

I wonder if that means that if you don't have the buying power required to take the delivery of the shares, they will buy the stock for you, sell it on the open on Monday, and leave you with whatever is left (possibly a negative number)

Joe