How do I exercise my option contract?

To exercise your option contract(s), simply send an email detailing the below:

  • Your full name, and Firstrade account number
  • The number of contracts you would like to exercise
  • The underlying symbol, expiration, and strike price

Please note that exercise-requests have to be submitted before 4:30PM ET on the trading day prior to the last trading day of the option contract.

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