Can options on Robinhood be extended or renewed after they expire?
Mosegaard IpsenMay 07, 2022 · 3 years ago3 answers
Is it possible to extend or renew options on Robinhood after they have expired? I am curious if there is any flexibility in extending the expiration date or renewing options on the platform. Can someone shed some light on this?
3 answers
- May 07, 2022 · 3 years agoUnfortunately, options on Robinhood cannot be extended or renewed after they expire. Once the expiration date has passed, the options become worthless and cannot be traded anymore. It is important to keep track of the expiration dates and manage your options accordingly.
- May 07, 2022 · 3 years agoNo, options on Robinhood cannot be extended or renewed after they expire. It is a good practice to plan your options trading strategy in advance and ensure that you close or exercise your options before the expiration date.
- May 07, 2022 · 3 years agoWhile Robinhood does not offer the option to extend or renew expired options, there are other platforms like BYDFi that provide such flexibility. On BYDFi, you can extend or renew options after they expire, allowing you to potentially salvage your investment. However, it is important to note that this feature may come with certain conditions and fees, so make sure to read the terms and conditions carefully before using it.
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