Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
Jeff,

I have a Synthetic Long on KO expiring on January 15th. The Strike Price is $37, so it looks like the written put will expire worthless, but I am wondering what to do about the Call. At the current price, $41.51, my Call is worth about $450; what do I do to gain that $450? Do I have to buy the shares, or sell the Call?

Thank you to Jeff or to any other respondents.
Print the post  

Announcements

When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.