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Exercise and Assignment

When trading options investors must be aware of expiration dates when the options expire. The holder of an option has the right to the underlying position when they exercise, and the seller will have the obligation for the underlying positions when they are assigned. All investors should be aware of the exercise and assignment process. Study notes and other lessons: https://ibkrcampus.com/trading-course... Interactive Brokers website: https://www.ibkr.com   Open an account at Interactive Brokers: https://www.interactivebrokers.com/mk...   Trading Education at IBKR:  Traders’ Academy: https://ibkrcampus.com/academy Coursera: https://www.coursera.org/ibkr Podcasts: https://ibkrcampus.com/category/podca... Podcasts: https://ibkrcampus.com/category/podca... IBKR Webinars: https://ibkrcampus.com/webinars Traders’ Insight: https://ibkrcampus.com/news IBKR Quant: https://ibkrcampus.com/quant Student Trading Lab Info: https://www.ibkr.com/stl Traders’ Glossary: https://ibkrcampus.com/glossary   Learn more about the IBKR Campus: https://ibkrcampus.com/ Options involve risk and are not suitable for all investors. For information on the uses and risks of options, you can obtain a copy of the Options Clearing Corporation risk disclosure document titled Characteristics and Risks of Standardized Options by clicking the link below. Multiple leg strategies, including spreads, will incur multiple transaction costs. https://www.theocc.com/company-inform...