Option Iceman 1:29 pm on Thursday, March 24, 2016
Tags: Assignments ( 3 ), ShortPuts ( 4,763 )

$UVXY #ShortPuts – Sold UVXY…

$UVXY #ShortPuts – Sold UVXY APR 22 2016 17.5 Puts @ 0.46, replacing the strike 23 puts that expired today

Ron 2:06 pm on Thursday, March 24, 2016

Ron2 $UVXY
@Iceman $UVXY #ShortPuts
Iceman, regarding the 3/24 $23 puts. Since these trade until 4:15 & according to TC2000 the 4:15 bar close was $22.93 does the 4:15 or the 4:00 apply as to expiration vs assignment?
- Option Iceman 2:39 pm on Thursday, March 24, 2016
  
  @Ron2 $UVXY #ShortPuts #Assignments – Automated assignments are based on the 4:00 close. Market makers or individual investors could go long the stock and long the puts and exercise them manually. I highly doubt that will happen, but if it does, I may be able to sell the stock in the pre-market on Monday at a gain.
  We’ll see on Monday
  - Ron 2:45 pm on Thursday, March 24, 2016
    
    @Iceman $UVXY #ShortPuts #Assignments
    Thanks for the through explanation.

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