If your option is out-of-the-money, SoFi will take no action and your options will typically expire. If you’d like to submit a Do-Not-Exercise request, you will need to contact our Investment Specialist team at 855-525-7634.
- Instructions for a Do-Not-Exercise request need to be received by SoFi before 4:00 PM ET on the expiration date.
Options involve risks, including substantial risk of loss and the possibility an investor may lose the entire amount invested in a short period of time. Before an investor begins trading options they should familiarize themselves with the Options Disclosure Document. Tax considerations with options transactions are unique, investors should consult with their tax advisor to understand the impact to their taxes.