Loading ...If I hold 1 October 17 call option of company ABC, at $10, and do nothing, will I automatically buy 100 shares of ABC on the 17th at $10 per share, or $1000 dollars? Plus commission. No matter the current stock price.
That is, I do not have take any action at all?
Except have $1000 + commission in my brokerage account.
I realize I could sell the option and have the cash, or buy a longer dated option.
Thanks to any and all