Support Board
Date/Time: Mon, 03 Mar 2025 11:22:52 +0000
How does Sierra handle futures positions resulting from option assignment process?
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| [2021-11-04 12:19:41] |
| MatZer0 - Posts: 36 |
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Hi, I'd like to start trading options but I'm not sure how Sierra will handle the following situation: Let's say I went short weekly ES futures call option at strike 4630C that expired ITM Those options are auto-exercised when ITM and physically deliverable, so I assume I'd be awarded with short ES futures position from 4630 level. Is that correct? How this position will become visible in Sierra? It will happen automatically or do I need to perform some additional steps? Additionally what will happen if I manually hedged my short call by going long ES futures from some lower level? Let's say before expiration I went long ES futures at 4625. At the expiration I was long underlying and short option. Do I assume correctly that my 4625 long will be matched with short 4630 and position will be auto-closed for a +5 pt profit? Is it automatic process or do I need confirm something in platform? If not, what will Sierra show otherwise? Thanks |
| [2021-11-04 12:33:20] |
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You need to contact your broker about this. Any new trading Position that is provided by the external trading service would show up automatically in Sierra Chart. Nothing you need to do.
Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2021-11-04 12:33:31
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