Options Liquidation Policy & Same-day-expiring Options Trading

On expiration day, option position(s) without sufficient account cash balance/buying power/positions(s) to support the exercise/assignment of, will be subject to forced liquidation starting at 2:30PM EST.

All un-executed (both Day Orders & GT90 Orders) same-day expiring opening-position option orders will be cancelled at 2:30PM EST.

As a reminder, same-day expiring opening-position option orders cannot be placed or edited after 2:00PM EST.