|
PureBytes Links
Trading Reference Links
|
That is correct and you get cash, the intrinsic
value of the option. Usually only deep in the money options are exercised
early. They settle at cash value of the index so you would lose the time
premium in the option if you exercised an option that had time premium.
----- Original Message -----
<BLOCKQUOTE
>
<DIV
>From:
ketayun
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Thursday, May 29, 2003 3:18
PM
Subject: Re: [RT] options
The oex is an American style
option.It can be exercised any time prior to
expiration.So, in theory, if I wanted to exercise a
put option, I would write (?) to the CBOE and they would have to sell one
contract to me at the strike price?Thanks,KateTo
unsubscribe from this group, send an email to:<A
href="">realtraders-unsubscribe@xxxxxxxxxxxxxxxYour
use of Yahoo! Groups is subject to the <A
href="">Yahoo! Terms of Service.
Yahoo! Groups Sponsor
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
|