What if I do not have enough buying power to afford the resulting stock position of an exercise or assignment?
Kensington Capital, pursuant to our User Agreement, cannot be exposed to market risk due to positions created in customer accounts and reserves the right to act accordingly. It remains the customer’s responsibility to ensure there is sufficient buying power to afford any resulting stock position. If you cannot meet a resulting call, please close your open positions prior to expiration. Kensington Capital reserves the right to liquidate stock or option positions if it deems that sufficient risk to the firm exists.
