3

I sold two covered call positions that expired Aug 9. Both expired ITM.

The 1st one's strike price was $3.00. At expiration, the stock was $3.13 so 13 cents ITM (6 contracts).

The 2nd one's strike price was $184.50. At expiration, the stock was $186.49 so almost $2 ITM (1 contract).

Today is Sat, Aug 10, and I see that my short option positions have disappeared but the underlying stock is still there. Am I missing something?

1 Answer 1

3

There are two possibilities:

  • Settlement of the stock hasn't shown up in your account and will do so by Monday morning

  • You are the most incredibly lucky guy in the option writing world (not likely)

You must log in to answer this question.

Not the answer you're looking for? Browse other questions tagged .