Is the maturity date for options whose underlying stock is halted extended?

Spread positions can have unique expiration risks associated with them. In the case of U.S. securities options, the OCC will automatically exercise option contracts at expiration only if the option is In-the-Money by $0.01 or greater. If both legs of your expiring option spread are In-the-Money, then the long leg will be auto exercised by the OCC and the short may be assigned. It is possible that a short expiring option leg that finishes In-the-Money is lapsed by the owner and you will not be assigned. For non-U.S. options, please refer to the…

In the case of U.S. securities options, the OCC will automatically exercise option contracts at expiration only if the option is in-the-money by $0.01 or greater.

As a result, account holders maintaining a call (put) spread with the short leg having a lower (higher) strike price that the long are subject to delivery risk if the short leg is in-the-money by $0.01 or greater and the long leg is not…

In the case of U.S. securities options, long contracts are automatically exercised by OCC at expiration if in-the-money by $0.01 or greater or if formally requested by the client prior to IBKR's 17:25 ET deadline…

Whenever the underlying stock of a U.S. securities option is halted, OCC generally removes the expiring options associated with that stock from their Exercise by Exception procedure. Note that this procedure serves to automatically exercise options that are in-the-money by at least $0.01 at expiration, and is intended as an operational convenience to clearing members and their clients. This procedure, however, cannot be used by OCC when the stock has halted and the price and economics of the decision remains uncertain…