Yea, I been busy looking. It's true that some brokers automatically execute ITM options, that I know. But can't find settlement price info. I was sure it was 5:00 for NYSE/clearinghouse but now I'm not sure. I'll keep looking but I may be wrong. I do know we closed at 8.01 but the option listed 8.05.
Has always been 4pm..Try to buy or sell after..You can't and Friday at 4pm is Experation for this weeks options..The $8 Puts closed worthless..We Beat them and it was close, What a Great Job everyone did..!