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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (92841)5/19/2017 1:19:24 PM
From: robert b furman  Respond to of 224884
 
It doesn't.

If you are in the money by more than a penny with a call (above the strike price) it gets exercised - you get the stock.

If you are in the money by more than a penny with a put (below the strike price)., the buyer of the put can decide to give up the stock or not.

Several years ago I had sold 10 puts on Amat 11.00's - the stock closed at 10.97 - I was only assigned 600 of the 1000 shares (10 put contracts).

Bob