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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: ild who wrote (192785)9/19/2002 8:58:14 PM
From: BDR  Read Replies (1) of 436258
 
Just to clarify my post about options exercise/expiration:

cboe.com
Equity Options
Product Specifications

Expiration Date:
Saturday immediately following the third Friday of the expiration month.

Last Trading Day:
Trading in equity options will ordinarily cease on the business day (usually a Friday) preceding the expiration date.
*****
Option trading ends on Friday afternoon but option expiration doesn't take place until Saturday, leaving you at risk for exercise if you are short at the close.
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