OCC cutoff today extended

ajacobson · Feb 28, 2020

FEBRUARY 28, 2020 - 05:45 PM EST
OCC Cut-off Time Extension for Options Expiring on Friday, February 28, 2020

Due to processing delays at the OCC, the exercise cut-off time has been extended for options expiring today, February 28, 2020. MIAX is extending the cut-off time to one hour after the OCC has completed processing the end of day files.

bloomberg1 · Feb 28, 2020

ajacobson said:
FEBRUARY 28, 2020 - 05:45 PM EST
OCC Cut-off Time Extension for Options Expiring on Friday, February 28, 2020

Due to processing delays at the OCC, the exercise cut-off time has been extended for options expiring today, February 28, 2020. MIAX is extending the cut-off time to one hour after the OCC has completed processing the end of day files.

if we gap down Sunday night should be interesting?
No?

OptionsOptionsOptions · Feb 28, 2020

bloomberg1 said:
if we gap down Sunday night should be interesting?
No?

Why?

bloomberg1 · Feb 28, 2020

OptionsOptionsOptions said:
Why?

I'm asking if this has any market impact....maybe no?

OptionsOptionsOptions · Feb 28, 2020

bloomberg1 said:
I'm asking if this has any market impact....maybe no?

IMO ... no impact. Just an extra hour to sort out the expiring options.