hi all, I am relatively new in trading options in tiger brokers and have a few questions regarding covered call and selling put options: 1) For Covered call, in the scenario upon expiry, the stock prices goes above my strike price for the call option I sold, do I get to choose on stock assignment to the buyer of my call option contract, or do I have to buy-to-close the call option contract and incur the losses? I am asking this because I have intentions to collect premiums on my stocks and hence looking to sell call options on them. 2) Secondly, regarding selling put options, assuming the stock trades below my strike price, do tiger broker provide me with the option to purchase the stocks at strike price or do I have to buy-to-close the put options upon expiry?Thanks in advance for the clarifications!
Comments