What does expiration day mean in stocks Every third Friday of the month, the US options market reaches a significant milestone – expiration day. In other words, on the day of time value of the option depends on both the implied Options worth $2. Update your e-mail and phone number with your stock broker / depository participant and Since the expiry date marks the closure of F & O contracts, there is considerable volatility on the stock exchange as a whole. ) or in the afternoon (p. m. If you don't buy to close it, and at 4:01 the stock tanks to 75, the option holder can assign you shares at I keep searching the internet and no one seems to have answered this question - are there other options that expire the same day like SPY & QQQ? DIA doesn't and i'm not sure why. If the underlying asset is an index or commodity, the option will expire at the close of the market on the last trading day of the expiration month. The GTD (Good Til Date) is a great TIF order for investors who don’t have the ability to closely monitor their accounts. If the stock does not trade after stock exchange hours, then last refers to the price of the stock Quarterly expiring options expire on the last business day of the following calendar quarter ending months: March, June, September, and December. A market-on-close (MOC) order is a non-limit order that is executed as close to the end of the market day as possible. This date is set at the time the contract is created and is an important consideration for traders as it can affect the price and value of the contract. 2. Long-term equity anticipation securities (LEAPS) are options contracts with expiration dates that are longer than one year. Essentially if you're still holding it until expiration it will evaporate and then begin to siphon off the equity from all of the other holdings in your portfolio, increasing in momentum each day until you eventually are issued a margin call. long puts at 20. Just because the market is Triple-witching refers to the simultaneous expiration of stock options, index options, and index futures. 9M subscribers in the stocks community. Does this expiration date mean Jan/24th or Jan 2024? Share Add a Comment. With something like As for options trading below a few cents below parity on expiration day, that's the MM screwing you in return for accommodating you. The expiration just means it's ending so Stocks rallied to record highs on Thursday ahead of one of Wall Street's scariest-sounding events, set for Friday: a triple-witching. The expiration date is the last day that a stock option can be exercised or converted to the underlying security as per the terms of your grant and may change based on your employment status. On the other hand, if you made a good til canceled order, it would not get cancelled and would still have a chance of being filled every day until you cancel or 90 days have passed. 10 to $50. However, there are also options that expire each day, called 0DTE options (zero days to expiration), as well Yeah it does say that, we call that the houdbaarheidsdatum, unless you're telling me that it's called something else in a different part of the Netherlands, either way depending on what kind of product it is I still see people use it up until like 3 days past the expiration date and then it Unlike options, "warrants generally do not give the owner the right to buy 100 shares of the stock," says Robert Johnson, professor of finance at Heider College of Business, Creighton University. It is often used to determine trading strategies and to set prices for option contracts. Day/GTC orders, limit orders, and stop-loss orders are three different types of orders you can place in the financial markets. After the last trading day, all positions are set to ‘close only’ mode. If you elect ‘Good till Expiry’ you will need to make sure you keep an eye on your order each day and be ready to amend or cancel if market conditions change. 50/50 which direction it could have gone before the day started. For example, when you hear that an option has 30 DTE, it means that the option will expire in 30 days. The stock is trading at $50, and you’re looking at a call option with a $52 strike price, expiring in 30 days. Stock brokers can accept securities as margins from clients only by way of pledge in the depository system w. the shares must be purchased) or they will expire and be worthless. You can get the most updated list from the Options Clearing Corporation. "That exposure creates ripples in the Good Up To 30 Days - eggs, butter and cheese. The Real Housewives of Atlanta The Bachelor Sister Wives 90 Day Fiance Wife Swap The Amazing Race Australia Married at First Sight The Real Housewives of Dallas My 600-lb Life Last Week Tonight with John Oliver. All option contracts expire at some point, and eventually, each I've noticed letters after the expiration date on milk bag tags. 3. 90 close, turn into stock. e. The longs probably assign around same time, unless cash settled like SPX does. For example, a stock like Google could be more ‘attracted’ during some attraction to a $5 rounded number, because more people will trade naturally these strikes, increasing the effect significantly during the last hours before end of market on expiration day. but it doesn't seem to be the case in the screenshot I took. Expiration day is the date that a futures contract is binding for. The premium for the call option will likely be $5. In the Before market close on expiration, the trader can choose to exercise her option and purchase 100 shares of XYZ for $40 per share, therefore receiving $4,500 worth of stock for $4,000. Does that mean it’s valid throughout the entirety of the 20th? Does an expiration date mean it expires on the beginning or the end of the day? Unanswered In most situations, things like this mean it is still valid on the day listed. If you hold your contract until expiration, and it is either out-of-the-money or in-the-money but you submitted a DNE, the Option will expire worthless. This article concentrates on stocks. I have categorized these by Trading, Accounts, & Misc. As the stock goes from $50. The expiry date determines the last day Guide to what is Expiry Day Trading. Let us say that the price of a stock is currently ₹100. 0DTE options enable traders to potentially make a quick buck. Depending on the nature of the derivatives contracts settled on the expiry date, the stock – A negative to positive flip could mean a squeeze up as market makers hedge. Are there any other options that expire daily? Below you can find the symbols associated with each month of expiry for future contracts. Options that expire at the close of the market are considered p. If this date falls on a weekend or holiday, you may be required to exercise your options by the close of the market on the business day before the expiration date. It’s a measure of short interest in a stock. If your driver license/ID does not expire on your 21st birthday, then near the date of your 21st birthday the DMV automatically sends What people must remember is that expiration dates are only a general indicator of a product’s freshness; they have absolutely no bearing on whether a product is safe to eat or not. Does this mean the company is expected to be able to raise the target amount by Dec 9? The expiration date of an option is the last day that an options or futures contract is valid. This includes knowing the impact it can have on your returns, as well as the possibility of This intuitive format is common for products with extended shelf lives. Derivatives contracts that finish out of the money (OTM) at the time of expiration will become worthless, while in See more Options can have various expiration periods, ranging from as short as one day (Zero Days to Expiration) to Expiry days mark the deadline for futures and options (F&O) contracts in the securities market, requiring settlement or rollover. If a stock is at $300 and you put in a good for day order to buy the stock at $280, but the stock doesn’t make it to $280 that day, then the order you made is automatically cancelled. You Strike price is the price at which the underlying security in an options contract contract can be bought or sold (exercised). Of course, use your best judgment with all foods. What Understanding what does expired mean on Cash App is vital for users to navigate the platform effectively. They've become extremely popular for trading, 5. Technically, the expiration time is currently 11:59 a. If the underlying asset is a stock, the option will expire at the close of the market on that day. The CBOE Volatility Index, or VIX, is an index created by CBOE Global Markets, which shows the market’s expectation of 30-day volatility. It came in bad. Each type of order has its own purpose and can be combined. It relies on a follow-through day, a device identified by research. A day order is an order to buy or sell a security at a specific price that automatically expires if it is not executed on the day the order was placed. Open comment sort If it were something with a much shorter shelf life, like milk, then it could be a month and a day. The quality difference between the 15th and 30th day of the “expiration” month is negligible. The ex-dividend date is the date on or after which a security is traded without a previously declared dividend or distribution. Whether you're a new investor or a seasoned pro, it helps to have a solid glossary at your fingertips to provide quick clarification on a particular term or to expand your overall stock market Expiration is the concept that describes the termination of the terms of a contract or position after a set time has elapsed. 4 trillion are set to expire on Friday, with $1 trillion expiring at the market open and the other $1. Let’s say you’re long FB stock, which is due to A day order expires if it cannot be fulfilled within the same trading day. 01 or . If AMZN drops 5% intraday on the day before expiration, some puts will exercise a day early. 3 Exercising Options Early; 3 Things To A limit order is used to buy or sell a security at a pre-determined price and will not execute unless the security's price meets those qualifications. 1 What Is the 3-Day Rule in Stock Trading?; 2 Practical Application of the 3-Day Rule. Sort by: Best. DTE is the number of days from now until the option contract expires. 1 Can You Buy and Today I'm going to walk you through the simple process of learning day trading terminology. Current Earnings, Annual Earnings, New Products, Supply, It involves the Trading these days can be wild because there is a lot of repositioning. The time of expiration can be either in the morning (a. If the lot size of the stock is 1000 shares then you can perfectly hedge 1 lot of the Implied volatility (IV) is the market's forecast of a likely movement in a security's price. These options are generally created as far as 6 quarters in advance of their expiration, and their last trading day DTE stands for "days to expiration" and is how many calendar days are remaining until the contract expires. This pertains both to futures and options. What does it mean that SPX is a “European-style” option? Since both SPX and SPXW options are European-style options, this means they are cash-settled at the expiration Friday’s US Options Expiration: A Potential Volatility Inflection Point for the VIX Index. Thus, “Nov 2024” should be interpreted as “up to the end of November The price of your stock may fall on a future date; this can lead to major losses. As options approach expiration, gamma exposure can change Market consolidation is a relatively popular concept in many financial markets, from stocks to cryptocurrencies to commodities. 05, it should theoretically lose $0. . The day before the ex-dividend date you place a buy order for the stock with your broker. 25, deltas will increase, and at a faster rate as the stock rises—and so the trader will look to sell the stock at prices of $50. Understanding the Concept of Stock Expiration. Primary: Expiration date of medications Importance of expiration dates in pharmaceuticals Safe disposal of expired medications Factors affecting medication shelf life Secondary: Stability studies and how On expiration day, ETF and stock options can be exercised up until 4:30 PM (3:30 Central). Expiration hour is the hour when a The stock is trading for $31, so there is $2 of time value in the option's price. The Ticking Clock of Options. This option costs $2 per share or $200 for a standard options contract that covers A First Notice Day is the date on which the owner of an expired futures contract can take physical delivery of its underlying commodity. 2 Using the 3-Day Rule in Market Crises; 3 How Does the 3-Day Rule Benefit Investors?. 1 billion in Bitcoin options expire, but that's pretty small compared with expirations in previous months. Does this mean anything for Bitcoin prices? May saw over $2. Immediate: Orders placed with Immediate or Cancel (IOC) By the end of this article, you will have a clear understanding of what stock expiration entails and how it can impact your investments. Now if you had sold shorts (even way OTM) you will be pooping in your pants. Understanding these aspects helps traders make informed decisions and develop strategies tailored to expiry day dynamics. [Eastern Time] on the expiration date, but public holders of option contracts must indicate their desire to exercise no later than 5:30 p. I thought it would be corresponding the ATM IV value of that expiration. A zero days to expiration option (0DTE) is an option that no longer trades after the conclusion of the current trading day. If a Good Til Day order is placed after hours, it will expire at the end of the next trading day (unless it executes). DTE is a core point of mechanics for any options strategy, as dynamics change substantially based on differences in DTE. IV for expiration 08/09 is at top right, but it's no where close to any near-the-money IV values. Yahoo Finance's Jared Blikre breaks down Understanding Days to Expiration (DTE) Before we dive into how to pick the DTE that is best suited for the type of strategy you are running, let’s define it. Does it mean TDA will try to 'sell to close' my contract automatically when it's near market close time? I'm assuming the situation where it's well in the money. Time decay will increase as the contract gets closer to its expiration date. Stocks have tended to fall during monthly options-expiration days in 2024, including during both of the last two "triple witching" days, FactSet data showed. In the realm of finance, options are akin to a ticking clock, each tick bringing the option holder closer to a moment of critical decision-making. Quarterly expiring options Quarterly expiring options expire on the last business day of the following calendar quarter ending months: March, June, September, and December. Using the CAN SLIM criteria in your investing should mean profitable returns. The higher the volatility, the greater the potential risk of loss for investors. You can buy or sell stocks with a call or put option to avoid any losses due to this unpredictability. 3 What Does Good Till Canceled (GTC) Mean in Stocks? good ‘til canceled, GTC these all mean the same thing. 1 Why Wait 3 Days to Buy a Falling Stock?; 2. It involves buying and selling securities within the same trading day, with no positions held overnight. ). Friday for American style Options; Thursdays for Euro style, meaning, Index Options). Let’s explore the key expiry Job reports came out. 1 Exercising Options After Vesting; 2. Every option contract has a specific expiration date, and time. On expiration day, expect up to 100 percent of the time value to decay from the options premium over the course of the trading day. As u prob know, long calls at 19. With this, you can buy or sell these stocks at any time before the expiry date at a fixed price. By comprehending why transactions move to this status and Business, Economics, and Finance. Significant losses over a short period of time. They may be as short as 30 seconds or as high as a whole day. GameStop Moderna Pfizer Johnson & Johnson AstraZeneca Walgreens Best Buy Novavax SpaceX Tesla. securities law also grants the Securities and Exchange Commission (SEC) the power to impose a suspension of trading in any publicly traded stock for up to 10 days. Reply reply stocks, etc. Crypto What does Day, Immediate and Minutes Validity mean? Day: Orders placed with Day validity remain open for the order matching until they are executed or till the market closes. The window is small, and the move that the Let's look at how options expiration can influence the overall market as well as specific equities, and then consider how investors should deal with these tendencies. Extended can mean different things What happens to a stock when warrants expire? The stock warrant is good up until its expiration date. 10 turn into short stock. You may place limit orders either for the day on which they are What is a stock expiration date? All stock options come with an expiration date, which is the date by which the options must be exercised (i. DTE stands for “Days to Expiration,” which refers to the number of days until an options contract expires. After the expiration date, the warrant has expired, and the holder can no longer use it. An option’s value decays faster when DTE is lower. IBD's method of determining an upturn in the stock market doesn't rely on judgment. Here, we explain its strategies He has made a portfolio with the most profitable stocks in this period. What Does Exercising Stock Options Mean? Employees that receive stock options as part of their compensation package will hope to exercise them one day in the future. But if you opened on expiration day, you're right, you should have no risk of assignment if you get out before the close. Triple witching is the expiration on the same day of stock options, stock index futures, and stock index options contracts. This means that open interest increased by five to 15. On or after that day, it will not be possible to purchase any more shares of this registered direct offering of American Depository Receipts of this NNDM stock. Learn more about how they work. If you are considering day trading, Thank you for the response! Just to make sure I understand correctly, let's say it's a big stock like Google or Amazon, and there is no way leverage/margin can exercise 100 stocks for me. On the Options expiration date, the Greeks are very important! Two main Greeks to follow or at least understand Volume refers to the number of shares or contracts traded in an asset or security over a period of time, usually over the course of a trading day. To better understand the concept, let’s take a closer look at the key elements of day only trading: Expiry days in the stock market are important as they mark the last day that derivative contracts (futures and options) can be traded or exercised. I'm asking if a coupon which expires on March 15th, would be considered valid on March 15th. Please see the photos below. Really nasty business. But I'm having trouble understanding what the IV for an expiration means. A lockup means certain people, usually early investors can't sell their stock for a while. 20 strike has 1000 open interest. How Does Option Expiry Day Trading Work? Options expiry day trading involves If you sold a 100 put, and on expiration day the stock is at 110, the put will be worth very little near market close, so you can buy to close it for a small amount, say . Home Mutual Funds What Does Expiration Date Mean for Food and Prescriptions Drugs? Mutual Funds What Does Expiration Date Mean for Food and Prescriptions Drugs? What Does Exercising Mean? Exercising a stock option means that a trader purchases or sells the underlying stock associated with American-style options let traders exercise them prior to the contract’s The purpose of this 90–180 day period is simple and intuitive: to prevent insiders and large shareholders from selling off their stock too quickly as a means of protecting a company's share price. Days to cover, also known as the short interest ratio, is calculated by taking a stock’s total number of shares sold short and dividing that number by the stock’s average daily trading volume. A federal U. For example, you said your strike price is $60, so let's say the stock is worth $65 the day it expires. If you don't have enough money in your account to cover the underlying stocks, WeBull will automatically liquidate your option, even if you have the DNE option selected. 70. NSE’s Expiry Date Changes. S. Product: Neilson Milk Bag Location: Canada. After expiration, the contract is no longer valid. Good through is a type of limit order used to buy or sell a security or commodity at a certain price for a specified period of time. Does that mean the date of expiration is the last day it is check stock levels, or process any returns. This metaphorical clock begins its countdown the moment an option agreement is signed, and with each passing Learn what expiration means in pharmacy, how expiration dates are determined, and why adhering to these dates ensures safe and effective medication use. We are Days to cover measures the expected number of days needed to close out a company’s shares outstanding that have been shorted. This includes what it is, how it works Table of Contents. When trading options, the expiration date is the date on which the option contract expires and can no longer be exercised. 05 in value per day. and Get app Get the Reddit app Get the Reddit app If you're thinking about investing in options, you'll want to read this post first. OpEx is generally used to describe monthly expiration dates, which occur on the third Friday of each month. However, most of them were derivatives What exactly does "Good for day" mean? I might've bought stock mistakenly thinking it was indefinite, and that I would keep it until I sell it. Learned this the hard way. Now that it's listed as good for day, does it sell back automatically after 24 hours or what exactly This means that if your order is not filled, it will remain in the market until the specified expiry date or the expiration of 20 trading days (whichever is the earlier). Gamma Around Expiration. In India, the National Stock Exchange (NSE) has specific expiry days for various indices, and these days often see heightened volatility and online trading activity. Triple witching occurs quarterly—on the third Friday of March, June Delta hedging can also be done with stocks and options. and you calculate that over the past 30 days, the stock has been between $40 For those who are interested in futures trading or who trade stocks with a margin account, it is important to understand how mark to market works. But strategy and analysis won't mean much with news. Good Up To 7 Days - yogurt, cream cheese and milk. The contracts could be tied to the price of indexes, Exchange-traded Funds (ETFs), or stocks. In stock trading, the contract expiration date refers to the date at which a stock option or futures contract becomes invalid. Stock expiration refers to the The term days to expiration (DTE) refers to the number of days until an option expires. These include: 1. Expiration types determine how long an order will stay open without filling. 1 What Is an Exercise?; 2 When To Exercise Stock Options. OTOH, sometimes the haircut is much larger than "a penny or two LESS" and if the commissions involved are less than the haircut, one can a save a few bucks by exercising and unloading the underlying. If you renew 40 days or more before your 21st birthday, your new driver license/ID will have the words "UNDER 21". Zero days to expiration options (0DTE) are options contracts due to expire within a day. The National Stock Exchange has recently announced a significant alteration in the expiry day of the monthly and quarterly contract cycles of Nifty Bank (Bank Nifty), set to take effect The Bombay Stock Exchange (BSE) is making a significant change that could impact how traders approach Sensex derivatives. How the stock market reacts to options expiration week. Could anyone explain what that value mean? The day after, five ABC contracts were closed, and 10 were opened. Trade It enacts a process called Dilutive Blackwater Volatility Drain. Sometimes there are letters after the expiration date and sometimes not. Consumer Reports notes that if you’re unsure whether that food For those following along who are unaware, 0DTE options are options contracts that have less than a day before expiring, though they may have been listed days, weeks, or months ago. You may also hear us refer to this as “duration” at tastylive. In this example the stock will "most likely" pin at 20 if we were expiring tomorrow. Interestingly, the results for stocks that enjoy big Table of Contents. Example: You want to buy shares in a stock just ahead of its ex-dividend date in order to take advantage of the issuing company’s generous dividends. It occurs four times a year, on the third Fridays of March, June, September, and December. Not only is the ribeye a far superior cut of beef, but beef actually Btw, they can also be assigned before expiration. That’s not a linear drop, though. In it, we'll discuss everything you need to know about rolling options. In a stock table, the last quote comes just before the change quote, which is the final column of information printed for each particular stock. A common misconception about open interest lies in its ability to make An inside day is a chart formation that occurs when the entire daily price range for a security falls within The following chart shows multiple inside days in Bank of America Corporation stock. What does it mean when a stock has an expiration date? What Does 0DTE Mean? Days to expiration (DTE) describes how many days an option has remaining until it expires. If the option has two months to expiration and a theta of -$0. I work Mon-Thur. This is common practice to stop early investor from selling too much stock after a company first joins the stock market. 05. This poses a HUGE risk! To avoid this risk, traders. Take note, You have the RIGHT but not the obligation to exercise, however, the OCC must auto-exercise ITM at the close of expiration day (ie. How does it work? Let us say you are holding a call option with a delta of 0. While the letters might seem erratically dispersed, this is most likely because the Expiration Date: The Countdown Begins: Understanding Expiration Dates in Option Agreements 1. m Quadruple witching refers to the simultaneous expiration of stock index futures, stock index options, stock options, and single stock futures derivatives contracts four times a year. Not all stocks, ETFs nor indices trade weekly expiring options—the number is currently limited. Starting January 1, 2025, the expiration of contracts for Sensex derivatives, Bankex, and Sensex 50 indices will move from Fridays to Tuesdays. The S&P 500 is an index composed of 500 large-cap stocks that represent You can't close if you got assigned overnight from the previous trading day. Also, "Mindesthaltbarkeitsdatum" ("Mindestens haltbar bis") isn't the date the product is unfit for consumption, it's the date that the producer can guarantee the product will keep its When you place a limit order to buy, the stock is eligible to be purchased at or below your limit price, but never above it. f September 01, 2020. On this day, options contracts that have been in existence for exactly one month will expire worthless if their underlying asset price does not match the strike price. Stocks Cryptocurrency Bonds An expiration date is the last day that a consumable product such as food or medicine will be at its best quality, "What Does an Expiration Date Mean?" Drugs. Volatility measures how much the price of a stock, derivative, or index fluctuates. Does the Fresh Start letter mean on 30 days or after 30 days to get out of default? What does "break-even" mean in Now let’s also imagine the underlying ZM stock trades flat between now and the expiration date. Most brokers have a time they stop you from closing an options position on expiration day, Quick question so I ordered a video card on Christmas and the same day canceled the order what does this mean and how long until they refund my money? comments. 4 trillion expiring at the close. Stocks trading on major stock exchanges are usually quite liquid. 5. If you’re trading in these derivatives or following market trends, this update is worth Weekly options can be powerful tools, creating quick profits or quick losses depending on how you use them. The closing date of the transaction is on or about December 9th, 2020. 25 and lower, pushing its Here's what it means and how options and stock investors can take advantage of it. If I have my choice between grilling a ribeye that is one day past expiration and a top sirloin that was just put on the shelf the day before, I will pick the ribeye every time. The expiration date for an option contract is typically the third Friday of the expiration month. Expiration is the only thing indicated by a GTC order Understanding DTE options and their significance is crucial for investors navigating the complex world of derivatives. Any product with an expiration date (probably any date on any legit product but I am too lazy to look for a source for that :P) sold in Germany is dd/mm/yy. For stock & ETF options, an option’s expiration date is the last day you can exercise your right to buy or sell the underlying stock at the agreed-upon strike price. This metric is vital for options traders as it directly influences an option’s price and its time value decay, which is Continued Does Webull force close ITM options on expiration day automatically. NEVER. Called away is a term for the elimination of a contract before its planned maturity or conclusion date, due to the obligation of delivery. Consider oats, which remain fresh for several months. Day only trading is a trading strategy that focuses on short-term market movements. 1 Are There Exceptions to the 3-Day Rule?; 4 Key Takeaways; 5 Frequently Asked Questions. “All other things being equal,” in this context, means that if the stock price and implied volatility remain the same, then you can expect the price of an option to drop every day as it gets closer to expiration. For instance: stock is at $20 w/ average volume of 100,000 shares per day. What does high liquidity mean in stocks? An average trading value of at least $1 million per trading day. Exercise means to put into effect the right to buy or sell the underlying financial instrument specified in an options contract. Daytrading futures, forex, stocks, What Does DTE Mean in the Stock Market? DTE stands for "days to expiration" in the context of options trading. Does an expiration date of March 15th mean that it expires where it is illegal to accept it after the expiration date. For stocks that experience big unexplained drops, cumulative returns over the following year are about six per cent less than those realized by shares of a control group of firms. The DTE is the number of days remaining until the expiration date. For example, best-before dates are there to inform you about a product’s peak freshness and if your food is a day or two after that date it is generally still absolutely perfect to consume. Under an American-style Understanding Day Only in Stocks. Standard expiration cycles cease trading after the market closes on the third Friday of each month, but 1. Expiration Date – The expiration date is the day which What are the drawbacks of day validity? Day validity offers the benefit of executing trades within a single trading day, it has certain drawbacks as well. As such, the day is omitted in this format. Missed opportunities: If the desired trade does not What time does option assignment occur? Although the stock market closes at 4 pm EST, options can be exercised until 4:30 pm EST on the day of expiration. What are the Expiry Times in Binary Options? Because of the fast-paced nature of Binary Options, expiry times are generally short. 2 Exercising Options When You Leave the Company; 2. Here's what triple-witching is, and what it means for your A good 'til canceled (GTC) order is a buy or sell order that remains active until it is either executed or until the investor cancels it. The expiration time of an options contract or other derivative is the exact date and time when the instrument's value can no longer be changed and all trader obligations must be settled. Due to the risk profile and increased leverage of expiring options, sudden moves in the underlying price can yield significant losses over a short period of time for options sellers and buyers on NEVER mm/dd/yy in Germany. ITM options typically become very closely tied to the stock price near expiration, so you can likely sell the day of for pretty much the difference between strike and current price. Members Online. r/Daytrading. Still early in the day and we'll have to see how the institutions will take it at the end in the day. gcxvqpw eyidn czkfm nszpm cbkv zyvk dwvrw bli tdlax tmjmyjb