 Hey everyone welcome to another video lesson from navigation trading comm in this video I want to talk to you about what to do if you get assigned stock So this morning we woke up and we got an email from our broker TD Ameritrade and Let us know that we had been assigned on our DIA position So what happened and what do we need to do what happened was we had a short call Vertical spread on so we were short three options At the 255 call and we were long three options at the 260 call now today is April expiration Okay, so there is a high likelihood that we had our in the money calls We're gonna get assigned and sure enough it did happen now. Is this a huge issue? No Does it change our overall risk in the trade? No So the only thing that we need to do is just address the trade now There's a couple options. So we got we got assigned our short call Okay, it's zeroed out now because we got assigned so the options are no longer there And what that does is that turns it into? 300 shares of short DIA stock, okay, so now we have 300 short shares of DIA, so obviously if it goes down that would benefit us and And so it's the same risk profile as before So if we click on the shares, we've got 300 short shares So there's a couple things we can do if we wanted to keep those short shares We could certainly do that and we could sell puts against it to kind of reduce cost basis But we weren't in this trade to get assigned We weren't in this trade to be trading actual shares of stock We had an option spread that we are looking to benefit from a down move So in being that it's expiration day all we're looking to do is close this out So we've got 300 shares and all you have to do is right click on that create closing order You're gonna buy back the 300 shares and we'll be out of the trade Now the other question is what do we do with the long shares and and don't pay attention to these last four This is an iron condor that's out in May. So that's not what we're dealing with here We're just dealing with the April position So the other piece is we have this we have three long calls And so what do we do with that? Well, we're just gonna close that out as well I mean as you can see we've made money on this part of the trade We're actually down overall on the trade overall, but we're up on this So you could do a couple things. I mean if you thought price was gonna continue higher You could obviously hold this and just let it expire worthless or in this case. We're just gonna close it out as well So that's all there is to it We don't like to get assigned but we definitely knew going into holding this position all the way to expiration day that that was certainly Something that could happen But it's it's really not that big of a deal And in fact, this is the first time that we've gotten assigned on a position in our alerts portfolio in two years So, you know, we took that risk going into expiration But I I'm actually kind of glad that it happened because I want to show everybody How insignificant of a deal it really is and if it happens all you got to do is close it out and move on And you're done with the trade. So I hope that helps. We'll talk to you in the next video