OCC cutoff today extended

Discussion in 'Options' started by ajacobson, Feb 28, 2020.

  1. ajacobson

    ajacobson

    FEBRUARY 28, 2020 - 05:45 PM EST
    OCC Cut-off Time Extension for Options Expiring on Friday, February 28, 2020


    Due to processing delays at the OCC, the exercise cut-off time has been extended for options expiring today, February 28, 2020. MIAX is extending the cut-off time to one hour after the OCC has completed processing the end of day files.
     
    dealmaker and bloomberg1 like this.
  2. if we gap down Sunday night should be interesting?
    No?
     
  3. Why?
     
  4. I'm asking if this has any market impact....maybe no?
     

  5. IMO ... no impact. Just an extra hour to sort out the expiring options.
     
    bloomberg1 likes this.