Replies to post #190223 on Option Millionaires

[Y U Axing Me]

Sharebuilder does the same to me too. Gotta read the fine print.

[Defianttrader]

Funny i opened an acct with them a week ago and now up 90k, things like this worry me!

[~ NT ~]

I was reading the option exercise guidelines for my broker - It seems like all ITM options are exercised automatically (ITM by 0.01 or more) - For my broker (Questrade - Canada) in particular, there is a 3pm ET (Friday) deadline - Is this a standard practice everywhere ?

[Bart31]

sam...in my experience with tradstation, TDA, and most reputable brokers, one hour is about the norm before they start sweeping...Speedtrader is the only one that I found will let you trade about 5-10 minutes before close. However, imo they have the worst customer service and MOST outdated platforms and undependable trade executions...would not recommend them - too risky for the customer.