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Old 03-02-2020, 08:44 PM   #1
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Estee Lauder's Avatar
Join Date: Aug 2014
Posts: 1,421
Question regarding options

Hi guys,
Would like to check what happens if
Naked put was exercise. But account don't have much money. What will happen?
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Old 03-02-2020, 08:55 PM   #2
Join Date: Aug 2019
Posts: 184
If your account is on margin and you have sufficient overnight margin to buy the stock, you will get the stock. I think they will assign to you and sell it off for you otherwise. You should have bought ithe option back on expiry.
I assume you are short put options.

Last edited by Newbyib; 03-02-2020 at 09:24 PM..
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