What if I have a long option which I do not want exercised?

In the case of U.S. securities options, the OCC will automatically exercise any option that is in-the-money by at least $0.01 unless you provide contrary exercise instructions. For non-U.S. options, please refer to the…

In the case of U.S. securities options, the OCC will automatically exercise any option that is in-the-money by at least $0.01 unless you provide contrary exercise instructions. For non-U.S. options, please refer to the…

In the case of U.S. exchange listed options cleared by OCC, IBKR's deadline for providing notification of intent to exercise is 17:25 ET if the option is being exercised prior to expiration. At expiration, notice of intent to exercise is generally not required as OCC will automatically exercise options that are in-the-money by $0.01 or more…

In the case of exchange listed US securities options, the clearinghouse (OCC) will automatically exercise all cash and physically settled options which are in-the-money by at least USD 0.01 at expiration (e.g., a call option having a strike price of …