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Options Assignment Question

Posted on 2/26/21 at 6:34 pm
Posted by GhostofJackson
Speedy Teflon Wizard
Member since Nov 2009
6602 posts
Posted on 2/26/21 at 6:34 pm
I sold a covered call this week that finished in the money. I've looked through my messages at Vanguard and haven't seen anything saying I've been assigned. Does anyone know the latest you can find out that your shares have been assigned? Does Vanguard just run slow and they've been assigned but won't show till Monday? Any guidance will help. TIA.
Posted by Jag_Warrior
Virginia
Member since May 2015
4098 posts
Posted on 2/26/21 at 6:43 pm to
If you’re at least a penny in the money, your shares will likely be called away. Most brokerages update their systems to reflect assignments on the Saturday after expiration Friday.
Posted by GhostofJackson
Speedy Teflon Wizard
Member since Nov 2009
6602 posts
Posted on 2/26/21 at 6:49 pm to
Thanks. I'll look tomorrow.
Posted by makersmark1
earth
Member since Oct 2011
15846 posts
Posted on 2/27/21 at 4:24 am to
Settlement takes about 3 days.

No worries.
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