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

To: broken_cookie who wrote (721)2/19/1998 11:24:00 PM
From: ----------  Read Replies (2) | Respond to of 2241
 
If you have not given orders to exercise, nor have you given
anyone at that firm trading authorization over your account,
I would suggest you send that information via e-mail to:

enforcement@sec.gov

In about 1-3 years, you should own the firm, or at least its' cash value.

Doug



To: broken_cookie who wrote (721)2/20/1998 7:43:00 PM
From: Madpinto  Respond to of 2241
 
If I let a 1$ in the money call expire, I own the stock and will have to pay for it.
I agree. I do not know of any firm paying out cash for exercised equity options. If that were the case, why not exercise the options rather than sell them under parity?


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