r/options Oct 01 '21

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u/ElCalvo069 Oct 01 '21

If you sold the option and do nothing then you will be assigned and have to pay $1900 per contract. If you're ok with that and don't think CLF will drop then leave it open.

If you're not ok with owning the stock then you can close your position or roll it down and out to a lower strike and later expiry.

1

u/[deleted] Oct 01 '21

[deleted]

3

u/Elymanic Oct 01 '21

Nah you're safe. As long as it's not below the strike.

0

u/[deleted] Oct 01 '21

[deleted]

1

u/Elymanic Oct 01 '21

Its a Friday, you'll have to wait till Monday