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...
Expiration risk refers to the potential of creating a large, unhedged position in an underlying due to the exercise/assignment process at expiration. The fo...
The tastyworks risk team monitors potential expiration risk throughout the day and periodically sends notifications to accounts that have excessive potentia...
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 ...
To exercise or not to exercise - that is the question. We’re not talking about working on your summer bod’. Today, we’re talking about exercising long opti...
Remember the adage “what you see is you what you get”? We’re here to tell you: that DOES NOT apply to cash-settled indexes. Unlike trading in equity/ETF opt...
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...
If you would like to exercise an option early, you must submit an exercise request to our Trade Desk (tradedesk@tastyworks.com) by 3:30 PM CT (Chicago time)...
In-the-Money Options Automatically Exercise The Options Clearing Corporation (OCC) will automatically exercise any expiring options that close in-the-money...