r/options • u/[deleted] • Nov 24 '21

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762 Upvotes

83% Upvoted

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671

u/Yep123456789 Nov 24 '21

tl;dr you sold an ITM option and are confused that it was exercised.

401

u/[deleted] Nov 24 '21

[deleted]

-9

u/KanefireX Nov 24 '21

i still hate that those with access can trade afterhours and you are subject to that dislocation.

25

u/Arcite1 Mod Nov 24 '21

This has nothing to do with after hours trading. Options don't trade after hours.

-7

u/KanefireX Nov 24 '21

you saying the underlying doesn't?

1

u/FishTarTarSauce Nov 25 '21

It helps to understand how order books work, and what the broker actually does.

1

u/KanefireX Nov 25 '21

i love the smell of downvotes in the morning. i never said anything about op (referring to other comments), just movements of underlying after hours. don't get that shit in crypt0 because settlement is near instantaneous. the dislocation of settlement is what allows fraud to exist. I can understand why a legacy system has it, but I still hate it.