### Comment:
If the long put is ITM at expiry it will be automatically exercised. You will be assigned shares that will then be sold at the strike price of the long put. If the short put is assigned but the long put is not ITM you will just be stuck with shares and the long puts will expire worthless.

### REPLY:
So in a bull put spread, you'd prefer to roll it if you can get credit, but if not you'd take the L?

### END.