R Rickwitties Mar 11, 2011 #1 So for weekly etf options such as the SPY, does anybody know whether they use the closing price at 4:15 pm or at 4:00 pm to determine whether the option is in or out of the money for settlement/exercise? Much appreciated.
So for weekly etf options such as the SPY, does anybody know whether they use the closing price at 4:15 pm or at 4:00 pm to determine whether the option is in or out of the money for settlement/exercise? Much appreciated.
