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dcsosik

Option Expired ITM

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Hello,

 

I am NEW to trading options and learning on the TOS paper money platform. My Feb 16 options expired/assigned. What does it mean now that I have -200 in AAL and AAPL? 

- Do I own the stock now?

-Do I need to buy 200 shares now?

 See below 

 

image.png

 

Any help would be great. Thanks again.

 

DCSOSIK

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That means that you are short on this two stock with the given amount. Just buy the given amount when markets opens. If you are lucky the stocks opens with a gap down and you might make some money.

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