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Guide

Does Nyria see early assignment on a short option?

No. Your broker can assign a short option early, and Nyria doesn't see the assignment. Nyria tracks the orders it placed, so its record can differ from your broker's. Check the position at your broker after any assignment notice.

Official documentation

Handle a possible early assignment

  1. 1

    Watch for broker notices

    Your broker tells you when it assigns an option.

  2. 2

    Open the broker's positions page

    Check what the account holds now.

  3. 3

    Compare with the Logs tab

    Nyria's record shows only the orders it placed.

  4. 4

    Close or adjust at the broker

    Fix any position Nyria doesn't know about there.

  5. 5

    Use a separate account

    Give Nyria an account of its own, with no manual trades in it.

What the limitation says

  • Your broker can assign a short option early.
  • Nyria doesn't see the assignment.
  • Nyria tracks the orders it placed, not the whole account.

Why the records drift

  • A broker can change a position by itself.
  • A split is another example.
  • Manual trades in the account also cause drift.
  • An order marked failed that did execute is rare.

What an exit alert does then

  • An exit with no tracked position sends nothing.
  • It is logged Skipped, not Failed.
  • The broker may still hold shares or a leg.

How to keep the record clean

  • Give Nyria an account of its own.
  • Skip manual trades in that account.
  • Run the daily check on the Logs tab.

Test it first

  • Run options strategies on Nyria Paper first.
  • Read the known limitations.
  • A short option can lose more than the account holds.

Questions

Will Nyria tell me about an assignment?
No. Nyria doesn't see assignments.
Who tells me about it?
Your broker.
Can Nyria's position record drift?
Yes. It tracks only the orders it placed.
What does an exit do after an assignment?
If Nyria tracks nothing open, it sends nothing and logs Skipped.
How do I avoid drift?
Give Nyria an account of its own, with no manual trades.
Does Nyria place a stop behind a short option?
No. Nyria places only the orders your alerts ask for.

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