Submitted by HeyMyNameIsDylan t3_yfmsu7 in wallstreetbets
Radthereptile t1_iu43tkb wrote
Calls at what strike? If below 54 then in theory the solution is exercised, sold to market at 54.20 you get the difference.
HeyMyNameIsDylan OP t1_iu43v81 wrote
54
Radthereptile t1_iu440yx wrote
Call your broker but what should happen is the contract is exercised, they sell them for 54.20 and you end up with $20 from each contract in profit. Excluding fees.
HeyMyNameIsDylan OP t1_iu449my wrote
Cool In that case I made $1 off each one. retiring today. cya suckers
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