10-07-2013, 06:07 PM
Yeah, I always sell the calls before expiration (unless they are worthless). There was one time I somehow forgot, though, and almost had a heart attack when I saw I my account had a $60k margin debit. 
It may vary by broker, but eTrade just bought the 100 Apple shares for me on margin, even though I didn't have any cash reserves.
I'm up 50% on my VXX calls now...hoping for some more volatility this week.
It may vary by broker, but eTrade just bought the 100 Apple shares for me on margin, even though I didn't have any cash reserves.I'm up 50% on my VXX calls now...hoping for some more volatility this week.
Ex SWG, L2, CoH, Wow, and War
Currently PvPing in the stock market
Currently PvPing in the stock market