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nsomniyak

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nsomniyak

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Re: jealmc79 post# 122312

Tuesday, 11/15/2022 3:48:56 PM

Tuesday, November 15, 2022 3:48:56 PM

Post# of 194927
Couple of problems with that logic. If my calls were out of the money (and they were), the shares would not be called but if the price approached the option strike price I could get a call as the compliance dept. would see increased risk. Additionally, options settlement is next day while common trades settle in two days - there is still a day of potential exposure.

A sharp move could still really hurt.

Main thing is I don't like being moved from a (voluntary) very low risk situation to an (involuntary) very high risk situation.

Anyway - it is a moot point now as I removed that account from the lending program.

If I could afford to buy all of them, I would not need to buy any of them and I sure wouldn't be spending time on the message boards!

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