netOpenUnderlyingInstrumentUncoveredQuantity

In by OptionStackLeave a Comment

The netOpenUnderlyingInstrumentUncoveredQuantity returns the number of shares of underlying stock  that is open and “uncovered” (i.e. NOT covered by a short option).   It can be used to determine if a position has been exercised / assigned into stock.  It can also be used to determine how many option contracts to sell against  existing stock positions.

Leave a Comment