The Automatic Exercise Process Explained
Option FundamentalsSee how automatic exercise works at expiration, including the "penny in-the-money" rule and when options are removed from auto-exercise.
0:00 - Automatic Exercise (Auto-X) Explained
0:26 - Manual Exercise Introduction
0:42 - OCC Trading Halts Memo
1:09 - What the Trading Halts Memo Contains
1:31 - Trading Halts
1:52 - Unknown Deliverables and Uncertain Prices
2:50 - Manual Exercise Process
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