So I purcahsed Jun 21 2014 call TSLA option. Today is Jun 19, 2014 Thursday which is two day from expiration date. This is the first time I held the option so close to its expiration date. However Jun 21 expiration date falls on Saturday. Does it mean option will be exercised tomorrow Jun 20 or monday? If exercised at what time does it do? End of day or beginning of day? Thanks!
Actually got a call from brokerage today reminding me to cover the position b 12:30 one day prior expiration date. Since I dont know enough funds, I just sold it back.