What happens when options expire on Robinhood?

3 answers

• Nai MikiuoJun 28, 2023 · 3 years ago
  When options expire on Robinhood, the contracts become worthless and are automatically exercised or assigned based on their intrinsic value. If you hold a call option and it expires in-the-money, Robinhood will automatically exercise the option and you'll either receive the shares or cash settlement. If you hold a put option and it expires in-the-money, Robinhood will automatically assign the option and you'll be obligated to buy the underlying shares at the strike price. It's important to note that if your options expire out-of-the-money, they will simply expire worthless and you won't receive any shares or cash.
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• bigname_CHRISSep 23, 2020 · 6 years ago
  Options expiration on Robinhood can be a bit confusing, but here's the gist of it: if your options expire in-the-money, Robinhood will automatically exercise or assign them. This means you'll either receive the shares or be obligated to buy them at the strike price. On the other hand, if your options expire out-of-the-money, they will expire worthless and you won't receive anything. It's always a good idea to keep an eye on your options' expiration dates and take action accordingly.
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• patil SrushtirajDec 13, 2022 · 4 years ago
  When options expire on Robinhood, the platform will handle the process for you. If your options are in-the-money, Robinhood will automatically exercise or assign them. This means you'll either receive the shares or be obligated to buy them. If your options are out-of-the-money, they will simply expire worthless. It's important to note that this process may vary slightly depending on the specific options contract and the underlying asset. If you have any specific questions about options expiration on Robinhood, it's best to reach out to their customer support for clarification.
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