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OptionsExplorer

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  1. 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! Riya
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