OCC lowers auto exercise threshold to .01 ITM?

Discussion in 'Options' started by rickf, May 27, 2008.

  1. rickf

    rickf

    Got this when logging into my OXPS options account this morning:

    "The OCC has lowered the automatic exercise threshold for equity options from .05 to .01 beginning with June expiration. "

    First I've heard of it, so I thought I'd pass it on to others.....
     
  2. You're a bit late.

    The infomemo was released by the occ a long time ago.