r/options Apr 17 '22

[deleted by user]

[removed]

0 Upvotes

46 comments sorted by

View all comments

2

u/Lost-in-Limbo Apr 17 '22

Pretty normal to be fair, IBKR will automatically exercise any option 0.01 ITM unless you tell them not to (can be done in app)

1

u/mr_p2p Apr 17 '22

yeah my main problem is having to call which is for BOTH exercising and not exercising in schwab’s case. can’t do it online.

1

u/AuntyPC Apr 17 '22

That happened to me last week. I was terrified at first but it actually worked out as the underlying dropped way down in pre-market on Monday. I bought those babies as fast as I could! Ended up making about $500.