Just heads up. Correct me if I am wrong but I think Wall Street closes at 1pm due to 4th of July coming up. I did'nt know and I read about it yesterday. Anyhow, if so, please make sure you exercise your "in the money" call options before 1pm. I don't want my fellow mates to lose any money.
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The Gareth
:
How do I exercise my option? I have one at 47.5 but I don't seem to see any button to exercise it
MoonWalker777
OPThe Gareth
:
You can't do it on pre-market or after- market. When Wall street open at 9:30, click on the trade button on the bottom screen. Find the call option stocks and click on them and you should be able to trade. Hope it helps.
Yalole
MoonWalker777
OP
:
Technically not the right answer as you are describing trading. Moomoo doesn't provide an option to early exercise unless you write in to them. Else, wait for the option to expire and it will be exercised automatically (not withstanding having sufficient funds or shares to exercise).
MoonWalker777
OPYalole
:
When I say trade, obviously I am talking about exercising your right to sell while in the money and as far as I know this can be done anytime anytime before the contract day if you choose to do so.
Yalole
MoonWalker777
OP
:
When someone talks about exercising an option it means exercising the right to buy or sell shares at the option's strike price. So do not confuse the terms of trading and exercising.
Also, in the money just means the option had reached its strike price. You can always trade the option regardless if it is in the money as long as it has not expired
Perhaps you might want to read up on options before saying things like "When i say trade, obviously I am talking about exercising your right to sell while in the money". You might not want to embarrass yourself trying to mesh terminology together.
MoonWalker777
OPOsotogari
:
This is my source and if read it wrong , my apologizes but I just want to make sure ppl know. I guess we will see at 1pm. Believe me, I rather we have a full regular day because it's boring when stock market is closed. https://www.marketbeat.com/stock-market-holidays/
The Gareth : How do I exercise my option? I have one at 47.5 but I don't seem to see any button to exercise it
MoonWalker777 OP The Gareth : You can't do it on pre-market or after- market. When Wall street open at 9:30, click on the trade button on the bottom screen. Find the call option stocks and click on them and you should be able to trade. Hope it helps.
Yalole MoonWalker777 OP : Technically not the right answer as you are describing trading. Moomoo doesn't provide an option to early exercise unless you write in to them. Else, wait for the option to expire and it will be exercised automatically (not withstanding having sufficient funds or shares to exercise).
Osotogari : According to this only bond markets close early https://www.investors.com/research/stock-market-holidays/
MoonWalker777 OP Osotogari : Well, bond close at 2pm. Regular Wall Street at 1pm.
MoonWalker777 OP Yalole : When I say trade, obviously I am talking about exercising your right to sell while in the money and as far as I know this can be done anytime anytime before the contract day if you choose to do so.
Osotogari : ^Source?
Yalole MoonWalker777 OP : When someone talks about exercising an option it means exercising the right to buy or sell shares at the option's strike price.
So do not confuse the terms of trading and exercising.
Also, in the money just means the option had reached its strike price. You can always trade the option regardless if it is in the money as long as it has not expired
Perhaps you might want to read up on options before saying things like "When i say trade, obviously I am talking about exercising your right to sell while in the money". You might not want to embarrass yourself trying to mesh terminology together.
MoonWalker777 OP Osotogari : https://www.marketbeat.com/stock-market-holidays/
MoonWalker777 OP Osotogari : This is my source and if read it wrong , my apologizes but I just want to make sure ppl know. I guess we will see at 1pm. Believe me, I rather we have a full regular day because it's boring when stock market is closed. https://www.marketbeat.com/stock-market-holidays/
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