Dan or anyone else: I need help.
I made a bullish call spread Oct 240/250 on Amazon. Please tell me what action I should take before expiry of Oct option for each of the following 3 cases if I do not want to have any shares of Amazon after option expiry.
On Oct option expiration:
1. Amazon closing price is above 250
2. Closing Price is between 240 and 250 (also 240 or 250)
3. Closing Price is below 240
Thanks in advance.
Without checking, I assume this for the front month options?
Both AMZN trades specified October options.
Dan or anyone else: I need help.
I made a bullish call spread Oct 240/250 on Amazon. Please tell me what action I should take before expiry of Oct option for each of the following 3 cases if I do not want to have any shares of Amazon after option expiry.
On Oct option expiration:
1. Amazon closing price is above 250
2. Closing Price is between 240 and 250 (also 240 or 250)
3. Closing Price is below 240
Thanks in advance.