How to Exercise Options on ThinkorSwim

In today’s video we’ll be going through the process of exercising options on the ThinkorSwim platform. As an option buyer, you have the right to exercise your option at anytime up until expiration. A call option grants the buyer the right to buy the underlying stock at the strike price up until expiration. Whereas the owner of a put option has the right to sell shares at the strike price up till expiration. Upon completion of an exercise request your option contract will be removed from the account and you will be left with the underlying stock. Although exercising options doesn’t make sense it most situations, there are times when the value captured can be greater than the remaining extrinsic value left in the contract. This could include times when a company pays a dividend, liquidity issues on the contracts themselves, or when considering tax ramifications. ➤ Open a tastyworks Account: https://start.tastyworks.com/#/login?referralCode=PKSKCFVD2J ➤ Start Investing with M1 Finance: https://m1finance.8bxp97.net/151KXm Disclaimer: Some of these links go to one of my websites and some are affiliate links where I'll earn a small commission if you make a purchase at no additional cost to you.