On Globex, let's say I am short June Yen futures -- and sold the futures @ 82.50 -- and also sold a June Yen futures put at the 82 strike. And the Yen on expiration day closes at 81.50. Ok, what happens to my two positions? Do they just wipe each other out? (And I keep my premium plus the 50 pips between 82.50 and the 82 strike.) Or does the fact that currency futures are cash-settled make this more potentially problematic? Btw, should currency futures questions be posted in Forex or in Futures forums?