What to do with your put options just after their expiration date?

Put options expire in the calendar month of the contract month the put options are bought for.

• It is your registered trader’s responsibility to manage this process. This can be made easier by inviting him/her to join your team.
• In the money put options: (On the expiry date of the put options, the market price was lower than the price of the put options) On the market, these put options will be automatically converted to short futures positions. You can negotiate with a buyer to take over these short positions from you in exchange for fixed-price contracts. On CropsProfit, you do not have to do anything because the transactions have already been recorded when you originally bought the put options.
• Out of the money put options: (On the expiry date of the put options, the market price was higher than the price of the put options) On the market, these put options are automatically cancelled, and they will just cease to exist. On CropsProfit, you also need to cancel these put options. Go to the help section for cancelled transactions. This way, CropsProfit will know that these transaction volumes can be sold again.