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 (on a best effort basis) before the market closes if you do not have sufficient buying power or have submitted a Do not Exercise (DNE) request. Liquidity may be an issue on expiry date. The ITM options may end up worthless should there be insufficient liquidity on expiry.

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 (on a best effort basis) before the market closes. Liquidity may be an issue on expiry date. The ITM options may end up worthless should there be insufficient liquidity on expiry.

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

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

Note:

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

2. Auto-liquidation is submitted using Market Order.

3. Webull Malaysia offers Cash Account only at the moment.