### Comment:
Moron here. Doesn't this mean OP is obligated to sell 200 shares (probably) below market on the 6th?

### REPLY:
Buying options gives you the right, but not the obligation, to buy or sell at the specified strike price. 
  
 Pretty textbook options stuff. 
  
 Afaik American options can be exercised at any point but European need to be done in the expiration date.

### END.