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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 249.66+7.6%Jan 21 3:59 PM EST

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To: bacchus_ii who wrote (6302)8/23/2000 3:54:49 PM
From: Gopher BrokeRead Replies (1) of 275872
 
Gottfried,

In my experience (I use DLJDirect and have not had any problems with them by the way) the exercising is done by the options board.

If I leave the options to be exercised automatically then I receive an automatic email notification about them being contacted due to an automatic exercise and that they will sell on my behalf if I do not give them instructions prior to 9.00 am on the following Monday.

Generally I do all options trading online. The only thing they will not accept, which I find annoying, is emailed instructions to exercise (the online system does not provide the function). There I have to make a phone call.
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