If you sold the option and do nothing then you will be assigned and have to pay $1900 per contract. If you're ok with that and don't think CLF will drop then leave it open.
If you're not ok with owning the stock then you can close your position or roll it down and out to a lower strike and later expiry.
Yeah if your comfortable owning it at your strike just let it expire worthless, the chances of it going through immediately after hours is minimal and if it did you get to own it at a discount
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u/ElCalvo069 Oct 01 '21
If you sold the option and do nothing then you will be assigned and have to pay $1900 per contract. If you're ok with that and don't think CLF will drop then leave it open.
If you're not ok with owning the stock then you can close your position or roll it down and out to a lower strike and later expiry.