"If I write a call option at 60 with expiration date in October, should I hold the cash positions till the expiration date?"
U don't need too. U can always buy back the CALL u write any time.
"If people want to exercise the option prior to the expiration date, can they do that?"
Yes, They can.
U don't need too. U can always buy back the CALL u write any time.
"If people want to exercise the option prior to the expiration date, can they do that?"
Yes, They can.