Topic desk · #assignment
10 playbooks filed under #assignment, newest first. Each tip shows the strike, the credit and the exit. The teasers are open; the full math unlocks with PRO.
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Tagged #assignment
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10 articles tagged #assignment
PROLead story · #howto
Yes, at some brokers: Questrade and Wealthsimple allow cash-secured puts in a TFSA with options approval and the full cash in the account. What their yes does not settle: assignment and the CRA’s business-income test.
PROTo close a covered call early, buy back the same call. What it costs, how to confirm the fill, and an example where the call wins but the position loses.
PROA cash-secured put means selling a put and keeping the strike × 100 in cash to buy the shares if you’re assigned. How it works, a worked $50 example, the real risks, what happens at expiration, and a TFSA/RRSP note.
PROAfter a put assignment, a call struck below your net cost can lock in a loss. One check, strike plus call credit vs net cost, keeps the wheel honest.
PROExercise-by-exception sets a default, not a guaranteed assignment outcome. One put example separates the closing price, the holder’s choice and the full cash payment if assigned.
PRODelta estimates price sensitivity, not a promise about assignment. A −0.30 example separates a ••• price response from the full ••• purchase obligation.
PROWhen a cash-secured put is assigned, the share cost basis is the strike less the premium already received—not the strike alone, and not the premium counted twice. One table walks the math with fees excluded.
PROA cash-secured put reserves the purchase cash, but that reserve does not cap the stock's downside. Start with assignment-ready math before treating premium as income.
PROA covered call can be assigned before expiry, and a nearby ex-dividend date can raise that risk. Here is a beginner-safe way to separate intrinsic value, time value and dividend timing before surprises reach the account.
PRONasdaq showed the U.S. equity market open on July 6, 2026, with the regular cash session ending at 4:00 p.m. ET, while the afternoon SPY/QQQ and ^VIX snapshots pointed in different directions. This tip turns that setup into a neutral carry-through-the-close checklist for covered calls and cash-secured puts.
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