Thanks for the input gedward3.
Correct. US style options can be exercised at any time whereas 'European' style options can only be exercised on expiry.
As for the buying of a put option.... in my mind it wouldn't make much sense. If he has bought it previously then it would be ITM anyway and...
Hi guys,
Just wondered what the situation is with auto exercising of options on Nymex? Given that today a nymex local bid $100 on the front month WTI future when it was trading 99.60 on the screen, would that trigger any auto exercising of options?
Could someone please explain what will have...