Jump to content

What time do options positions automatically close on the expiry date?

Recommended Posts

Hello, I am new to options trading and held a short straddle position (sell call at 7100 FTSE100 and sell put at 7100 FTSE 100 both at 17th December 2021 expiry date).

I noticed that the positions were automatically closed at 10.27Am and 10.28AM on 17th December (so that corresponding buys took place at that time). Is there a time range when these auto-closes occur? It took me by surprise as I was expecting the auto-close to happen closer to end of market time rather than randomly in the morning. Screenshot below. 

Would appreciate someone throwing some light on this. Many thanks!


Link to comment

Hi @OptionsExplorer

Thanks for the query. 

Assuming you are referring to the FTSE 100 Monthlies,  the expiry is the 3rd Friday of each month. The auto-close will occur after the auction period (10:10-10:15 am UK time) once we have received the official settlement from the exchange. We display expiry dates on the platform. Please see the below screenshot:

All the best, 



Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Create New...