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Do you let your options expire or would you sell it before you let it expire if you're profiting (meaning you're in the green - market is going towards the correct direction you anticipated).

If you let it expire is it worthless? I'm still confused as to how options work exactly. Lately I've only been selling it before it expires if I'm making money from options.

Thanks

hellomello
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1 Answers1

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Check the rules with your broker. Usually if it expires in the money, the broker would exercise it. But you need to check with your broker about their rules on the matter.

littleadv
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