Investing to Wealth

Dear Professor Wolfinger I trade options by selling them and all this time I've been unaware that out-of-the-money (OTM) options could be exercised. I've always thought by definition if an option is out-of-the-money it cannot be exercised. Therefore  I've always tried to let my OTM options expire worthless. d greatly appreciate any kind of information you could provide. Thanks very much! Just an addendum I can see a scenario like this being profitable at end of a day like last Friday - before options expiration when a stock suddenly spikes afterhours to get in the money.Minyan Leo Dear Minyan Leo ...