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Berkshire Hathaway Inc. Message Board

hjclasvegas6969 181 posts  |  Last Activity: Aug 25, 2016 7:21 AM Member since: Sep 5, 2012
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  • hjclasvegas6969 hjclasvegas6969 May 27, 2016 6:46 AM Flag

    thanks jad, years ago I learned a good lesson that I mentioned here years ago. I THOUGHT options expired Friday on option expiration day at the close. One day I was short the 30 puts, stock closed friday at 31, AFTER THE CLOSE on Friday expiration day the company reported bad news, stock trades down to 28, SAT morning I get the confirm, stock put to me ! lol, I was shocked, I had no idea because it never happened to me before. So I agree that many winning option trades are closed before expiration day, What I didn't buyback at one cent almost cost me 2 bucks. The stock was called from me at 30, 90 days later but still, a lesson learned.

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