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How do I request a do-not-exercise?

Updated over a week ago

To request a do-not-exercise for your long-option-contract(s), simply send an email detailing the below:

  • Your full name

  • Firstrade account number

  • The number of contracts you would like to do-not-exercise

  • The underlying symbol, expiration, and strike price

Note: Do-not-exercise requests must be submitted before 4:30 PM ET on the last trading day of the option contract.

Disclosures

Options trading entails significant risk and is not appropriate for all investors. Certain complex options strategies carry additional risk. Firstrade does not guarantee favorable investment outcomes, and there is always the potential of losing money when you invest in securities or other financial products. Investors should consider their investment objectives and risks carefully before investing. To learn more about the risks associated with options, please read the  Characteristics and Risks of Standardized Options before you begin trading options.

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