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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe) -- Ignore unavailable to you. Want to Upgrade?

To: ---------- who wrote (703)	2/19/1998 10:01:00 AM
From: broken_cookie	Read Replies (1) \| Respond to of 2241

Doug, Nothing personal taken. Here's a FAQ from the cboe: cboe.com Here's an excerpt: When can I anticipate being assigned? You can anticipate being assigned any time your option becomes in the money. Individual investors may be automatically assigned or exercised at expiration by The Options Clearing Corporation if the option is 3/4 of a point or more in the money. Also, most brokerage firms have rules under which options will be automatically exercised; check with your broker to determine which automatic exercise rule may apply.