See Also: Automatic exercise(finance)
Automatic exercise(money)
Tight money or dear money(finance)
Automatic(medicine)
automatic(dictionary)
Automatic extension(finance)
automatic 1, adjective(dictionary)
semi-automatic(dictionary)
Automatic stay(finance)
automatic beat(medicine)

Automatic exercise (money)


Definition: [crh] A protection procedure whereby the Options Clearing Corporation attempts to protect the holder of an expiring Definition: /?rd=in-the-money">in-the-money option by automatically exercising the option on behalf of the holder.