1st time deal with option anyone can help explain? thank
$GOOGL 241108 190.00C$ I have an option which due today. may I know how to exercise on it ? if I don't have any $Alphabet-A (GOOGL.US)$ share on hand ?
thank 🙏
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FLY ME INTO MOON OP : don't understand
CG88 : Since no value, you can let it expire. If you sell it, you need to pay for transaction fee. If my understanding is correct?
70523852 : Call the broker. But why would you exercise it? You are paying higher price than the current market price. Just buy 100 shares with current price if you really want to buy.
70523852 FLY ME INTO MOON OP : I see. Based on this picture, it should automatically exercise the option if it’s a good deal (you are making money). And automatically expire if it’s a bad deal (you lose money from exercise it)
FLY ME INTO MOON OP 70523852 : appreciate and thank ur explain 🫡
Moomoo Buddy : Dear valued cutsomer, regarding your pic, it is a out-of money option, you can just let it go with no value, if you are buyer, this option will not be exerised, if you are the seller, it will be expired with no valued. You do not need to do anything. If the value changes, you can contact customer service for more help: APP-me-customer. Have a nice day!