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Do brokers typically exercise your options for you automatically at the end of the term or do you lose all the money if you forget?


They'll usually either be exercised or settled for cash if they're profitable. You should look into your broker's policy, though - if they're exercised, you should be sure you have enough capital to cover the position.

You should also not be in a position to forget about your options - they can move very quickly and forgetting about the position can cost a lot of money.




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