What will happen to my Options contract on expiry?

In the Money (ITM) Options Contract:

Long Call Options contracts that are ITM will be exercised on expiry if you have sufficient buying power. Your position may be auto-liquidated before the market closes if you do not have sufficient buying power or have submitted a Do not Exercise (DNE) request.

Long Put Options contracts that are ITM will be exercised on expiry if you have sufficient underlying securities. If you do not have sufficient underlying securities,, or you have submitted a DNE request, your options position may be auto-liquidated before the market closes.

Out of the Money (OTM) & At the Money (ATM) Options Contract:

OTM & ATM Options contracts may expire worthless on the stated expiration date.

Note:

1. Auto-liquidation is subject to market liquidity and is not guaranteed.

2. Auto-liquidation is submitted using Market Order.

Options are complex, high risk products and are not appropriate for all investors. You may lose all of your invested capital.

For more information, please refer to：Characteristics and Risks of Standarized Options