Expiration, Exercise, & Assignment
Did your long or short option position turn into stock? Take a gander in this folder to learn more about your situation.
If you’re reading this, then you probably got assigned early on a defined-risk spread. No need to worry, an assignment is a part of the short premium game...
Why did the risk team close my position? In short, it is to eliminate expiration risk Expiration risk refers to the potential of creating a large, unhedge...
Did someone close out of my position? Our risk team may intervene if they do not receive notice The tastyworks risk team monitors potential expiration ris...
Life is like a portfolio of options - when we approach expiration, we aren’t always sure what we’re going to get. Don’t worry, here’s a refresher to see wha...
Do you have a spread (or vertical) facing expiration and don't know what will happen to it? Well, you've come to the right place. Below are three ...
How are cash-settled options handled at expiration? First, do you have an AM or PM expiration option? Remember the adage “what you see is you what you get...
Monthly/Weekly Summary All of the options listed on the indexes below are cash settled. They are all European-style options except OEX, SOX, & XAU (whi...
Before requesting an exercise request Were you assigned early on a spread? Were you assigned on a spread and looking to exercise your long leg? A covered ...
When a long option automatically exercises In-the-Money (ITM) Options Automatically Exercise The Options Clearing Corporation (OCC) will automatically exe...
A short option can typically be assigned at any time because the long option holder has the right to exercise whenever they want. However, there are three p...