Hello,

Say I have a total buying power (margin cash) of $5,000 dollars and I have 5 call options which are ITM. The call options expire 3/19 at a strike price of 20 (included premium for simplicity's sake), and the stock is selling at 30. Assuming I do not sell the contract prior to expiration how will Questrade deal with the transaction?

I clearly do not have the buying power for 500 stocks at 20 dollars ($10,000) but all the calls are clearly covered. Will Questrade settle the difference? Would I have to transfer $5,000 more to my account before expiration? What would happen if I did not transfer $5,000 before expiration and transferred next week to cover the difference.

Any help would be appreciated.