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/biz/ - Business & Finance


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30346748 No.30346748 [Reply] [Original]

What happens if you don't sell your Futures contract before it expires? Is it sold for you automatically?

>> No.30346802

To my understanding, no. They play a jewish trick on you and let it expire worthless. Similar to how companies give you stock options that expire if you forget to exercise them in generally 4 years.

>> No.30346844

>>30346802
My buddy lost $100k due to this on stock options. I kept his secret, felt so bad for him.

>> No.30346946

>>30346802
So all they care about is commissions. Fuck