Closing Stock option positions?
Hi
Is it other possible to close a stock chance position in the past the exparation morning.
Looking at the bid & ask of undisputed option, i saw that some have no transactions at adjectives. If nearby is no buyer for it, does it mechanism that the resort will finish off worthless?
M.Theriault
Montreal Canada
Answers:
For the inestimable majority of issues here are firms making market surrounded by the option, thus at hand's almost other a liable buyer (seller) for your long (short) preference position. Just because here wasn't volume contained by a fastidious series doesn't propose in that's not a marketplace. You may not close to the price you draw from, but someone's liable to manufacture a marketplace.
The with the sole purpose exception I can regard of is option that are nearly worthless due to any closeness to expiration or distance of the strike price from the underlying open market price. In that suitcase it's possible that not a soul is feeling like to take-home pay anything for your option. Even if someone be prepared to clear the categorical minimum price you probably wouldn't want to go anyway because you'd receive so little and commissions would munch through up any premium received anyway.
Check out www.twaves.lattice and ask Steve. You can also sign up for T-Waves Free-Newsletter service at www.twaves.lattice it’s be pretty successful.
Its possible that the pick is not contained by the money. Review a how option work course and view out for in the nude positions.
http://biz.yahoo.com/opt/education.html...
http://en.wikipedia.org/wiki/option_(fin...
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Is it other possible to close a stock chance position in the past the exparation morning.
Looking at the bid & ask of undisputed option, i saw that some have no transactions at adjectives. If nearby is no buyer for it, does it mechanism that the resort will finish off worthless?
M.Theriault
Montreal Canada
Answers:
For the inestimable majority of issues here are firms making market surrounded by the option, thus at hand's almost other a liable buyer (seller) for your long (short) preference position. Just because here wasn't volume contained by a fastidious series doesn't propose in that's not a marketplace. You may not close to the price you draw from, but someone's liable to manufacture a marketplace.
The with the sole purpose exception I can regard of is option that are nearly worthless due to any closeness to expiration or distance of the strike price from the underlying open market price. In that suitcase it's possible that not a soul is feeling like to take-home pay anything for your option. Even if someone be prepared to clear the categorical minimum price you probably wouldn't want to go anyway because you'd receive so little and commissions would munch through up any premium received anyway.
Check out www.twaves.lattice and ask Steve. You can also sign up for T-Waves Free-Newsletter service at www.twaves.lattice it’s be pretty successful.
Its possible that the pick is not contained by the money. Review a how option work course and view out for in the nude positions.
http://biz.yahoo.com/opt/education.html...
http://en.wikipedia.org/wiki/option_(fin...