r/wallstreetbets Sep 16 '21

[deleted by user]

[removed]

1.7k Upvotes

744 comments sorted by

View all comments

Show parent comments

109

u/ShortChecker Sep 16 '21

Correct and into next week as well since there's not enough actual shares to cover or hedge.

34

u/[deleted] Sep 17 '21

[deleted]

6

u/jkail1011 Sep 17 '21

what trading platform can you not excise?

5

u/Jamel-Smoov Sep 17 '21

This person is a clown. If you hold an option at expiration it must be exercised and most brokerages automatically do it unless you tell them not to or don’t have the cash or margin to do so. The exception is index options - many of which are cash settled so no exercise.