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Exercise Options - Manual File

The Option Exercise window includes a Load from File button that lets you import a file with instructions to exercise or lapse specific options. You can create the file using any word processing program, and the file must include a comma-delimited list of values, one line for each option. You can use one of two different formats. Table 1 illustrates using the underlying, Table 2 shows fields for symbol mode.

For each option you want to include in the file, create one line of text and observe the following rules:

• Include one value for each field described in the table(s) below.
• Separate field values by commas.
• List field values in the order in which they appear in the table(s) below.

  Field Name	Possible Values		Field Name	Possible Values
  Table 1 - Underlying Mode			Table 2- Symbol Mode
  action	exercise, lapse		action	exercise, lapse
  account #	IB acct number, i.e. U44982		account #	IBacct number, i.e. U44982
  underlying	underlying symbol, i.e. IBM		local symbol	IBMSE
  strike	i.e. 50		exchange	i.e. AMEX (smart is not accepted)
  right	p, c		quantity	i.e. 3
  LastTrading DayorContractMonth (yyyymmdd) or (YYYYMM)**	i.e. 20150930 or 201509		override*	yes, no
  multiplier	i.e. 100
  exchange	i.e. AMEX (smart is not accepted)
  quantity	i.e. 3
  override*	yes, no
  * Specifies whether your settings will override the system's natural action. For example, if you have the action set to exercise an option and that contract is not in-the-money, you would receive a message saying that the contract was not in-the-money and would not exercise option. However, if you have the override set to "yes," this instruction will override the system and the option will exercise. **If you use the format YYYYMMDD we understand that you are using the last trading day. If you use the format YYYYMM we understand that you are identifying the contract month. Your lines in the file based on the examples in the tables above would look like this: exercise, U44982, IBM, 50, C, 2001509, 100, AMEX, 3, no exercise, U44982, IBMSE, AMEX, 3, no

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