What happens when a sell call expires?
If you sell a Call option and it expires, your obligation to deliver stock expires. If you sold it short the margin held by your broker was just released. If you owned the underlying shares, they are not encumbered (you assumed an obligation to deliver them), those shares are (in a margin account) fully marginable.
Selling a Call and having it expire is good. If you were hoping to have it assigned you can now sell the shares or sell a new Call option against those shares. Good luck. mk
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