I've been using ToS Papermoney to practice trading option spreads. But I'm not sure if it shows open interest/volume correctly since it's a simulation, so I have some rookie q's about spreads in general on diff platforms.
Generally speaking, if I have a call debit spread or a put credit spread, can the short leg be exercised independently of the long leg? Would the long leg automatically exercise, or is this something I would need to monitor, so I can sell the long leg? Does this happen commonly before expiration?
I'm just curious if this would throw an account into a temporary margin call or account surplus.
Is there a greater risk to option spreads than the loss of the debit/the diff between the strike prices and the net credit paid?
Submitted June 21, 2019 at 07:32PM by informal_requirement http://bit.ly/2ZBd4Py
