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Showing content with the highest reputation on 03/20/2020 in all areas

  1. 1 point
    It helps if you post the details of the trade, such as the expiration and credit received. Judging by your strikes, (I'm guessing here) I assume that you opened this trade a few days ago, and are referring to the 20Mar expiration. The calls are worthless at this point, and can probably be allowed to expire as such. The Puts are very deep in the money, and the short could well be assigned.. It would be wise to close the Put vertical as a pair (to avoid directional risk), and move on. For future reference, adjustments should be made well before this point.
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