/biz/ - Business & Finance

Anonymous Sat Oct 3 01:53:31 2020 No.23002090 [View]
File: 712 KB, 504x360, 1406122402130.png [View same] [iqdb] [saucenao] [google]

>>23002041
>Have ~130 shares of MSFT
>sold 1 MSFT call, gets assigned
>Want to confirm brokers will use up my existing shares first before trying to buy new one

OK, as an idiot with a boomer portfolio let me interpret this.
You have 130 shares of microsft.
You sold 1 call of microsft (100 shares)
....oh shit, I still don't understand calls and puts even though i thought i did.

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