weekly Mini-s7p 500 ES option

Discussion in 'Options' started by trader198, Jul 12, 2013.

  1. the site says if at3:00pm, the option is in the money, it will be excerised.

    it confused me is after 3:00pm, it seems those options still is being traded?

    how about those OTM options? it seems they can be traded after 3:00pm until friday closing?
  2. It is 3:00 p.m. Central time, which is 4:00 p.m. Eastern time.