I sold 10 contracts of May 440 call
I bought 10 contracts of May 445 call
Just I noticed that I got assigned 10 contracts of 440 call . I didn't notice the dividend date.
Seems I lost $3050.
Is there any way to handle this situation. I don't have money to exercise my long 10 contracts.
Don't exercise the 445 calls. They still have time values left. You should sell the 445 calls and buy stocks to cover the $440 calls assignment.