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Technology Stocks : WDC/Sandisk Corporation
WDC 155.64-2.7%Dec 3 3:59 PM EST

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To: alanrs who wrote (35330)2/18/2007 10:18:05 AM
From: BWAC  Read Replies (1) of 60323
 
<Options can be exercised up to 10 AM Sat, I believe (it might be 11 AM). >

You are correct. But I assure you, a nasty argument is going to ensue between the retail client and the broker. For example I think AMTD cuts off taking exercise instructions around 4:30 on Friday.

I've had a nasty argument with them over this in the past, in a situation just as has occured with SNDK. Several levels of supervisor and having a good understanding of options rules got what I wanted. But then again, it was still Friday at 5pm when I started the argument. I doubt any retail client would win on Saturday. (Even though by the option contract specifications they should win without question)
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