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SyndicateTwo

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SyndicateTwo

Re: The_Net post# 234

Thursday, 02/26/2009 10:52:43 AM

Thursday, February 26, 2009 10:52:43 AM

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That's a tough one. That's why I only naked short puts.

Let's see-- you got an excersise notice of a call you were short. You don't have the shares. Because the transaction has to happen, I think you have to buy the stock or you might be able to buy a call option to cover it also. Your broker would then exercise your call as a bull call spread.


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