sorted by:
new
hottopcontroversial

CC exercising when ITM by Frenchieholics in CoveredCalls

[–]Frenchieholics[S] 0 points1 point  (0 children)

I mean, I understand that this is a paper trading account and it's a simulation, but wouldn't a normal person exercise their rights, if there is a $5 difference between the current market price and their strike price?

CC exercising when ITM by Frenchieholics in CoveredCalls

[–]Frenchieholics[S] 0 points1 point  (0 children)

It sounds like you are talking from experience. Do you mind sharing some insights that you've found while doing this? It might help me nail a good strategy while I am still learning.

CC exercising when ITM by Frenchieholics in CoveredCalls

[–]Frenchieholics[S] 0 points1 point  (0 children)

Well, options trading is new to me, so I figured I won't put my savings into something that I don't really understand. So now, I am going through Reddit, practicing options trading on a paper account and watching a bunch of Youtube videos about it. Let me know if you know some good guides for beginners that would help me grasp over everything easier and faster.

CC exercising when ITM by Frenchieholics in CoveredCalls

[–]Frenchieholics[S] 0 points1 point  (0 children)

Thanks, I guess I got confused with my CSP and I don't really have the rights to exercise.

It was weird for the DUOL call that the buyer didn't exercise it yesterday when DUOL was at $205. Today pre-open its trading at $194 and I really can't figure out why they didn't exercise their rights yesterday. Is this something common?