Automatic Exercise
A procedure implemented to protect an option holder where the Option Clearing Corporation will automatically exercise an "in the money" option for the holder.

Investopedia Says:
Think of it as an insurance policy for those who aren't as tuned in with the 3rd Friday of every month.

Related Terms:
Expiration Date
In the Money
Option
Out of the Money
Strike Price

• Operating Cash Flow Demand (OCFD)
• Operating Cash Flow Demand (OCFD)
• Operating Cash Flow (OCF)
• Operating Cash Flow (OCF)
• Operating Cash Flow Ratio
• Operating Earnings
• Operating Expense
• Operating Expense
• Operating Income
• Operating Income Before Depreciation And Amortization (OIBDA)
• Operating Income Before Depreciation And Amortization (OIBDA)
• Operating Lease
• Operating Leverage
• Operating Margin
• Operating Netback
• Operating Profit
• Operating Ratio
• Operational Efficiency
• Operational Risk
• Opinion Shopping
• Opportunity Cost
• Optimization
• Optimized Portfolio as Listed Securities (OPALS)
• Optimized Portfolio as Listed Securities (OPALS)
• Option