So, I'm darn close to being ITM on a short OTM naked put equity position, and I want to be darn sure when the "finish line" is. The close of trading, this Friday right? Or am I still in play because of after hours trading? Or.......? This is what my broker has on their site: "Options Expiration The last day to trade equity option contracts expiring on Saturday, 6/17/06 is Friday, 06/16/06. If you do not have sufficient funds/buying power to cover potential exercises or assignments, please deposit funds or close out your position before close of market on 6/16/06. Any equity option that is in-the-money by $0.25 or more upon expiration will be exercised." So, they expire on Saturday? Huh? I thought they expire on Friday....... Bottom line, if I am OTM at the close on Friday, am I in the clear?