### Comment:
Yah, I fudged up. I thought what happened if you owned a put hat was itm at expire that it just auto bought/sold at the current price and you made whatever the diff was between strike and share price. I didn’t realize you actually kept the shares in your account and had to sell them afterwards.

### REPLY:
Hahaha oh I see.  Yeah, nah, that would be terrible.  Imagine having a portfolio of 17 different options on a stock, some bought, some sold, and owning some number of shares in the same. 
  
 Institutional traders would really hate having ITM option positions automatically offset by trades in the underlying on expiry. 
  
 But hey, now ya know!

### END.