Buenos nachos everyone,

    Recently started iNveStIng and TrAdiNg and i know very little about everything so i decided to buy some calls last week (this sentence is dope).
    Actually paid off, made some 400$ which for me is ok, not planing on getting rich, just getting some extra cash.

    Anyway, i have a few questions :
    What happens to expired ITM calls on IBKR if i dont have the cash avail to exercise? (Non margin account).

    Shouldnt the profit from selling the option be at least the same amount as exercising and selling the stock?

    I had 10x 0.30 calls expiring friday, ibkr calculated a profit of around 300$.
    Doing my caveman math, i determined it was the profit of exercising then selling.
    However the cost of the option itself was 0.55 at that time. So by the same caveman math, some 255$ profit.
    Was the app slow to update ?
    I had cash to exercise 3 options so i thought id cycle the money (exsrcise – sell – exercise).
    But the exercise order was not filled for a few hrs so i gave up and sold the options for non optimal price. Still ok with my decision but still…
    Anything else i should generally know about exercising/selling ?
    Made an inquiry to ibkr but they havent responded over the weekend.

    Thanks

    IBKR itm call expiration.
    byu/TheRonsinkable inoptions



    Posted by TheRonsinkable

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