Dear Valued Customers,
TODAY, April 13th, is Last Trading Day for these MAY OPTIONS: Cotton; ICE Coffee.
Both options will cease trading at the close of today’s sessions.
Please allow time to contact your customers and to place liquidating orders; and remember to cancel open GTC orders when your positions are covered.
Please remember that In-the-Money options are exercised automatically; At-the-Money options are abandoned.
Exercise / Abandon:
Note that the deadline for exercising or abandoning Chicago options is 4:00 (CDST). The deadline for exercising or abandoning NY options is 4:00 (EDST).
Special Offsets:
Regarding OMNIBUS accounts and SPECIAL INSTRUCTION accounts, note that the deadline for offsetting Chicago delivery-month futures and expiring options is 4:00 (CDST). The deadline for offsetting NY delivery-month futures and expiring options is 4:00 (EDST). These offsets must include top-day trades.
Thank you.
The information in this report has been obtained from sources believed to be reliable; but is not necessarily all-inclusive, is not guaranteed as to accuracy, and is not to be construed as a representation by R. J. O'Brien. Please be advised that this information is subject to immediate change; therefore, we would strongly suggest that you keep in contact with your broker for up-to-date information. R. J. O'Brien shall not be held responsible for any actions based on the above information. Those individuals acting on this information are responsible for their own actions.
