Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Options -- Ignore unavailable to you. Want to Upgrade?

To: AmericanVoter who wrote (6302)	4/11/2000 5:25:00 PM
From: Tim O.	Read Replies (1) \| Respond to of 8096

amein, you will get assigned. it's called automatic assignment. on the call side, i think if it's something like 3/4 in the money, it'll be automaticall assigned. same situation with puts, but don't remember how much in the money before auto assignment.

To: AmericanVoter who wrote (6302)	4/11/2000 6:28:00 PM
From: edamo	Read Replies (1) \| Respond to of 8096

amein....prior to expiration, the odds are against assignment even in a horrendous upside down situation. in all of last year i had only one assignment which was on aol 01200 (now 01100) stock was assigned with aol at 80, or 120 points under strike, my adjusted cost basis was 114, held on to much of the position and sold at 148 (74 post split, day after times warner deal). if you want to own the stock, then just look at your adjusted cost basis and if fundamentally the underlying is sound enough to recover. you can also consider if assigned early to write next expiration atm covered calls, with the intent to be called...