I have put contracts that expire tomorrow (currently OTM but oh well can’t win them all), I selected buy to open so it is a covered contract, I believe. If the call writer were to exercise his call options would I be obligated to buy the shares in relation to the contracts I own ( I know one contract = 100 shares). My initial understanding was that since it covered (buy to open) I could only lose the set money I purchased the contracts with.
Submitted June 21, 2024 at 12:36AM by jcwils42 https://ift.tt/3OGV7rL
