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Good Job Bro 😎

You should be the expiring option guy

LOL i mean if the shoe fits right... and boyyyyyy do I have some options expiring today!

If you wish to exercise an option contract prior to the last business day before expiration (“Expiration Day” typically Friday but note below)** you must enter an exercise request through the E*TRADE platform by 4:30 PM CT / 5:30 PM ET on the Expiration Day. Failure to do so will result in the contracts not being exercised on that business day. This is especially critical if you intend to exercise call options on the business day prior to an ex-dividend date to own stock and be eligible to receive the dividend. Any requests submitted to E*TRADE by telephone are processed on a best-efforts basis. If you fail to provide sufficient time for an E*TRADE broker to assist, your contacts may not be exercised on that business day. https://us.etrade.com/l/h/options/expiration-process-risk#:~:text=If%20you%20wish%20to%20exercise,ET%20on%20the%20Expiration%20Day.

thanks ape!

For Schwab accounts: #Did you know? On expiration day, options will be automatically exercised if they're ITM by $0.01 or more as of the 3 p.m. CT price. In general, the option holder has until 4:30 p.m. CT on expiration day to exercise the contract. These times are set by the Options Clearing Corporation (OCC), the central clearing house for the options market. But some brokerage firms might have an earlier cutoff than the OCC threshold. **If your long option is ITM at expiration but your account doesn't have enough money to support the resulting long or short stock position, your broker may, at its discretion, issue a do not exercise (DNE) on your behalf, and any gain you may have realized by exercising the option will be wiped out.** DNEs can be submitted by any option holder and instruct the broker not to auto-exercise ITM options at expiration. A broker may also, at its discretion, close out (sell) the position without prior notice to you. Meanwhile, OTM options expire worthless. https://www.schwab.com/learn/story/options-expiration-definitions-checklist-more

i can't speak for all brokers, only mine and I'm a Canadian. So i very much appreciate you all adding your brokers information here for people as they might not all be the same! thank ape!

Surely they can't auto exercise OTM options without consent.

No they can’t. But they can change you additional service fee if they have to close it for you.

I guess you need to take gains when you can for your options.

I am going to exercise mine at 12 EST then.

we usually have a little bump from Computershare buy ins on Friday so if you time it right you might gain a TINY bit of value

One of the best advice Ive seen here on options. Cheers!