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Old 10-07-2006, 04:55 PM
johalber johalber is offline
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Option Assignment

Hello All,

I have a question regarding option assignments.

If I'm in a covered call situation and the price of the stock goes above the strike price, does it get assigned right there and then or does it get assigned at expiration. At what point it time am I in danger of assignment?

I'm confused as to when I get assigned in general. In my particular situation I just want to get a little more cash and not sell my stock.

Similarly, If I sell a naked put with the intention of owning the stock at a particular price at what point to I assigned. I assume that I'd get assinged when the stocks price reaches the puts strike price or
goes below it.

Johalber

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