Churchill Capital Corp IV has anyone actually exercised th

Earth Wind & Fire

02/19/2021 01:33

$Churchill Capital Corp IV has anyone actually exercised their options on stock. ive posted before about this including emailed support with varying answers. I need to know if they will automatically exercise the option and give me the 100 shares at my strike price of 30? I have the money to cover it. also at what time will they exercise it. before you get rude, please know ive done research and it supposedly will exercise tomorrow if I don't sell the contract but Webull support answered me differently.

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All Comments(9)

snb02/19/2021 04:08

Bro if you go to the contract, you’ll see an exercise button. You need to have $3,000 of buying power to exercise it.

Chi***com02/19/2021 02:03

I wish I did with my $15 strike

Earth Wind & Fire 02/19/2021 02:13

you wished you exercised your 15 option and got the 100 shares?

Earth Wind & Fire 02/19/2021 01:43

my thought was to buy the 100 shares at 3k and if they merge maybe go to 70 or 80 or you hold longterm, you'll be up.

Azz2grazz02/19/2021 01:43

What they answered is what i know it to be. If you want to wait then 3-330 is your final window to decide to take profits or exercise and grab 100 shares

Earth Wind & Fire 02/19/2021 01:52

but how are they exercised? do I have to do anything? I got two different answers.

Gilligan02/19/2021 01:42

If you buy the shares you will pay 3k not $30

mik***com02/19/2021 01:41

look bro you never exercise an option because you lose money you're about to lose everything you paid for the option then you're about to put out 30 times 100 for the shares you might as well sell it then again it might work out for you

fredoooo02/19/2021 01:37

If you want the 100 shares at $30, exercise the option first thing tomorrow. There's no point of waiting for close.

Earth Wind & Fire 02/19/2021 01:52

but how do I exercise it?

Gio02/19/2021 01:35

if you have a 30$ call than its 3,000$ to exercise them not 30

Earth Wind & Fire 02/19/2021 01:55

listen guys I understand how to do options, I usually sell the contract. this time is the 1st time I've wanted to buy the underlying shares. its not that I don't know but getting two different answers on what will happen.

Gio02/19/2021 01:43

exactly what i tell my friends who want to do options i tell them its high risk and thats why you have to sign up for it so retards dont go in and lose all their money

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N2Deep02/19/2021 01:35

you exercise or they sell or you sell

Earth Wind & Fire

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