Quote:
Originally Posted by Buehler445
Sorry man. That sucks.
I've never dicked with an option strategy like that. What would have happened if one side got filled during business hours?
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If you asked me yesterday, I'd assume that either a) the brokerage automatically would close out the position on the contracts or b) exercise a contract in order to meet the shares.
In either case, I'd assumed that would mean I either gain or lose money as the economic value of the options are changed into cash with the most likely outcome being that I lose money.
The real headscratcher is why the asshat exercised the call to begin with.
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