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Options Liquidation Policy & Same-day-expiring Options Trading
Options Liquidation Policy & Same-day-expiring Options Trading
Updated over 4 months ago

On expiration day, option position(s) without sufficient account cash balance/buying power/positions(s) to support exercise/assignment will be subject to forced liquidation starting at 2:30PM EST.

All un-executed same-day expiring opening-position option orders (both Day Orders & GT90 Orders) will be cancelled at 2:30PM EST.

As a reminder, same-day expiring opening-position option orders cannot be placed or edited after 2:00PM EST.

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