Re: Option Assignment

Mr. Schank,

You have been assigned 28 NAT Jan 30 calls. Current) ou are short 117 contracts (CUSIP: and do not own NAT stock. Please advise.

Thank you,

Bekim Nebija

Morgan Stanley Smith Barney LLC
Registered Associate - Wealth Management
One Penn Plaza, 47th Floor
New York, NY 10119

No problem...You are short 117 NAT January 30 calls. This means that the stock, Nordic American Tanker (NAT), can be called or purchased from you at the strike price of $30. Someone has decided to exercise 28 of the options you sold short, which means you have to deliver 2.800 shares (28 contracts ' 100) of Nordic American Tanker to them by purchase the stock.

Please contact me if you are not clear on any of the above.

Regards,
Bekim

You sold 117 contracts at 2.75 - $31,117.33 after commissions and fees.

what price did i sell it at
roger schank
http://www.rogerschank.com/

this person is an idiot.. did you originally sell on ly 117 calls, i thought you also bought puts.. , you paid 1000 cominsion„ bad you used c trade it would have been 20 dollars.

I did buy puts and yes this is an idiot

roger schank
http://www.rogerschank.com/