Replies to post #14216 on Wyckoff volume benchmarking / market profile bt a

[shansen1785]

Well Etrade will auto exercise ITM options at expiration date I learned unless you call them and tell them to stop auto execution which I found our after. They call it a SAE order. The next monday they auto sold the executed shares but not all, The just sold enough to satisfy the house margin call and had very little loss. I still have to cover the fed call to get restrictions lifted on buy orders as I was restricted to sell only. I sold the rest of the shares that were exercised and made a small profit after the fed call got covered. Still had to call to get the buy restriction lifted. Ive been positive with stocks for over 12 years now but a year or so learning options so If anyone has any other forms or sources to talk with like here that could help with advice on options would be awesome as I always pass the knowledge forward to help others. Currently have a few other calls i bought that expire 06/26/20 and some are losing so advice of minimizing loss or somehow repairing losing call opting buys with little time left beside a sell to close would be greatly appreciated