Can I get a clear answer: How late can I exercise options on Friday (CRWD example)

Discussion in 'Interactive Brokers' started by klattermusen, Jun 7, 2024.

  1. So CRWD was added to SP500 around 515pm est.

    If I had 350c expiring today..

    1) What is the latest I could exercise them?
    2) Do I have to call in customer support at IB or do I do it online?

    Thank you.

    ps...I tried asking customer support but they are always unclear.
     
  2. poopy

    poopy

    IIRC 530 Eastern.
     
    TrailerParkTed and klattermusen like this.
  3. If the stock is above your exercised price the exchange will exercise automatically.
     
  4. even if the stock move occurs after hours , it is 5pm or 530pm or?
     
  5. poopy

    poopy

  6. poopy

    poopy

     
  7. newwurldmn

    newwurldmn

    TrailerParkTed, donnap and rb7 like this.
  8. The time is irrelevant. If it were a question of being right at the exercise price that would be where IB would come in. But in this case the stock was well above that at $365. Do you really this they’re just going to let the seller of that Call have all that money?
     
    #10     Jun 8, 2024