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Strategies & Market Trends : Canadian Options
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To: Robert Wilkins who wrote (1499)3/18/2000 5:15:00 PM
From: Dave.S  Read Replies (1) of 1599
 
Robert:

If your option is 75 cents or more in the money it is automatically exercised. Otherwise it is not exercised and becomes worthless. If you don't want this to happen then give your broker (if you can get them on the phone!) specific instructions.

Dave
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