SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?


To: TGPTNDR who wrote (73435)3/5/2002 3:04:58 PM
From: ElmerRespond to of 275872
 
Actual settlement occurs on Monday, first trade. Next time you've got a small position at around break even, try a Sunday change of plan.(I've changed instructions Monday morning at 8:30 successfully, but only on whole positions!)

It's pretty hard to argue with the wording from CBOE. 5:30 PM is the last time to instruct your broker to exercise options. If you have some other arrangment with your broker who am I to argue but the rules say 5:30 eastern time on Friday.

EP