SPDR S&P 500 (SPY): BTW, I too have had a sell executed for...

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Re: beachcomber1 post# 272873

Wednesday, 12/05/2018 1:56:27 PM

Wednesday, December 05, 2018 1:56:27 PM

BTW, I too have had a sell executed for me at a least desirable time. I have accounts with 3 brokers, and they all have different procedures for that. In the past, I had a broker that would execute the sell for same day expirations randomly any time between 14:00 and close. So I called them and asked them not to execute a sell on my behalf, but they still did. Needless to say they weren't my broker for long.

So short answer is, check with your broker on their procedures because it's not consistent across brokers.

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