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Comment by WtfRuSerious

2 days ago

I can think of at least one situation, like expiring options, that you wouldn't want to have happening during your "court frozen" period...

I assume that in-the-money options are automatically exercised at expiration in the dead-man situation?

  • Yes, they will automatically exercise if your dead, the same way they auto execute when you are alive. I have sold many options over the years, with many of them exercising. If they expire ITM, you don't have a choice (whether dead or alive) past expiration.