Notification of Option Assignment
This communication serves to inform you that an assignment notice has been issued for the short option contracts held in account UXXX238 as listed below.
Contracts:
Option ; Expiration ; Strike ; Type ; Quantity ;
SPY ; 6/2011 ; 125.0 ; CALL ; 6 ;
In accordance with the option assignment procedures, these contracts have been removed from your account and the associated purchase or sales transaction(s) in the underlying asset(s) booked with a trade date of 2011-06-16.
For additional details regarding exercise and assignment transactions in your account, select the Report Management and then Trade Confirmations menu options located in Account Management.
Please contact Customer Service ( IB../p.php ) should you have any questions regarding this matter.
Interactive Brokers Customer Service
Cost of 6 125 call, $1427. After being assigned, don’t need to buy back.
Realized Profit of 6 123 call, $400.
Realized SPY loss, $1595.
Net: $230
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