### Comment:
Okay I was selling a put credit spread the long leg was $312 and the short leg was 312.50. It didn’t expire at 3 PM like they said they automatically do. It was worthless and I paid 1 cent (contract value) to release my collateral. I thought it would expire and I wanted to trade for the last hour which is why I paid that

### REPLY:
Oh okay, then yeah they were going to just let it expire. 
  
 If a spread is deep ITM or deep OTM they just let it go for max value/zero

### END.