Dear Valued Customers,
TODAY, April 17th, is Last Trading Day for MAY NY Crude Oil OPTIONS.
May Crude Oil options will cease trading at the close of today’s session.
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.
