GREY:SXRZF - Post by User
Post by
PeterPiperon Dec 01, 2010 11:02am
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Post# 17783136
Question
QuestionI realize that there has been discussion regarding the date of record, and the dates before you should buy, and when you can sell, in order to ensure the dividend. I have not seen anything regarding what to do with options. I apologize if this has been hashed out already.
I have a pile of December and January options. I intend to sell, or exercise these shortly. When I exercise, however, the writer has three trading days (I believe) to come up with the shares. So what is my last day to exercise? I am going to ask my broker, but I don't always trust what they say.
Thanks,
Piper