Last December I bought IR at $ 47 and sold the January 2014 covered call at $ 55. Does anyone know how the spinoff will affect my position? Is it actually possible my IR shares will be called at $ 55 but I will get to keep ALLE shares? TIA
I did for about 10 minutes. Someone called my AMAT shares early the day before a $ 0.10 ex-div so why shouldn't they have to call them early to get the ALLE shares?
I do now realize the shares and cash in lieu are attached to the call contract.