Comment by kragen
3 days ago
I assume that in-the-money options are automatically exercised at expiration in the dead-man situation?
3 days ago
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.
Thank you for the confirmation!