h***o
发帖数: 2321 | 1 I got 1000 share amzn assigned to me while the 165 put should expire
worthless
friday. does anybody have the same problem? |
b******r
发帖数: 16603 | 2 it was in the money for a short period on Friday, right? |
l**********o
发帖数: 9952 | 3 put, not call!
weird.
【在 b******r 的大作中提到】
: it was in the money for a short period on Friday, right?
|
b******r
发帖数: 16603 | 4 The lowest price on Friday was less than 165.I thought LZ was selling
puts and someone excercised?
【在 l**********o 的大作中提到】
: put, not call!
: weird.
|
h***o
发帖数: 2321 | 5 I just called them, here is the answer:
"somebody exerciseed the option on Friday, and it was processed during the
weekend, it did not show in my account on Friday, but rather on monday"
Is this possible?
Anyway I could fight them?
I think they are cheating here.
【在 h***o 的大作中提到】
: I got 1000 share amzn assigned to me while the 165 put should expire
: worthless
: friday. does anybody have the same problem?
|
h***o
发帖数: 2321 | 6 but if that happened, shouldn't I see the assignment right away?
【在 b******r 的大作中提到】
: The lowest price on Friday was less than 165.I thought LZ was selling
: puts and someone excercised?
|
m********0
发帖数: 2717 | 7 of course, the owner of the put has the right to do an
early exercise if there is little time value left to him.
I think the explanation is quite normal. and you should learn a lesson.
the owner can exercise as long as he wants to, even OTM.
and the OCC really works that way.
the
【在 h***o 的大作中提到】
: I just called them, here is the answer:
: "somebody exerciseed the option on Friday, and it was processed during the
: weekend, it did not show in my account on Friday, but rather on monday"
: Is this possible?
: Anyway I could fight them?
: I think they are cheating here.
|
b******r
发帖数: 16603 | 8 I think it is normal to be processed during weekend.
I am not an expert. Please confirm with others.
【在 h***o 的大作中提到】
: but if that happened, shouldn't I see the assignment right away?
|
h***o
发帖数: 2321 | 9 Are you saying they would rather spend more money to exercise (when it is
OTM)? |
m********0
发帖数: 2717 | 10 yes, that's what I meant,
the chances are really low but it do happen.
is
【在 h***o 的大作中提到】
: Are you saying they would rather spend more money to exercise (when it is
: OTM)?
|
|
|
h***o
发帖数: 2321 | 11 that is what they said.
If this is true, there is a huge hidden risk I never realized: No closing
the worthless option could be very costly.
【在 b******r 的大作中提到】
: I think it is normal to be processed during weekend.
: I am not an expert. Please confirm with others.
|
a****b
发帖数: 3588 | 12 虽然当时是OTM的，但是买PUT的人最初仅仅花了10个CONTRACT的小钱，说不定才几百元
；而他EXERCISE之后却是SHORT了1000股AMAZON，等于是165K USD。如果他周五EXERCIS
E的时候确信周一AMAZON会跌比较多，那么他就用小钱挣到大钱了。。。。。
也有可能这10个CONTRACT是分属不止一个人的。。。。
青蛙的看法而已。
【在 h***o 的大作中提到】
: Are you saying they would rather spend more money to exercise (when it is
: OTM)?
|
m********0
发帖数: 2717 | 13 这个解释是错的。
EXERCIS
【在 a****b 的大作中提到】
: 虽然当时是OTM的，但是买PUT的人最初仅仅花了10个CONTRACT的小钱，说不定才几百元
: ；而他EXERCISE之后却是SHORT了1000股AMAZON，等于是165K USD。如果他周五EXERCIS
: E的时候确信周一AMAZON会跌比较多，那么他就用小钱挣到大钱了。。。。。
: 也有可能这10个CONTRACT是分属不止一个人的。。。。
: 青蛙的看法而已。
|
a****b
发帖数: 3588 | 14 谢谢。我也觉得有错。。。。我是青蛙。。。
【在 m********0 的大作中提到】
: 这个解释是错的。
:
: EXERCIS
|
j***b
发帖数: 5901 | 15 Although options offically expire on the Saturday immediately following the
third Friday of the expiration month, for most mortals, that means the
option expires the third Friday, since your friendly neighborhood broker or
internet trading company won't talk to you on Saturday. The broker-broker
settlements are done effective Saturday. Another way to look at the one day
difference is this: unlike shares of stock which have a 3-day settlement
interval, options settle the next day. In order to settle on the expiration
date (Saturday), you have to exercise or trade the option by Friday. While
most trades consider only weekdays as business days, the Saturday following
the third Friday is a business day for expiring options.
这样应该是可以的。我分析是不是盘后exercise的？因为判后option不能买卖，所以那
个持有put的只好exercise，而不是卖掉。
【在 h***o 的大作中提到】
: I just called them, here is the answer:
: "somebody exerciseed the option on Friday, and it was processed during the
: weekend, it did not show in my account on Friday, but rather on monday"
: Is this possible?
: Anyway I could fight them?
: I think they are cheating here.
|
x*******l
发帖数: 542 | 16 另一个角度看
buying worthless option could be very costly/profitable
【在 h***o 的大作中提到】
: that is what they said.
: If this is true, there is a huge hidden risk I never realized: No closing
: the worthless option could be very costly.
|
