Can I exercise an option the minute after I buy it?
I am quite experienced with options and know my intrinsic/time value components, however, if there is an opportunity I see where options are mispriced and underlying is illiquid, do I have to wait for T+1 settlement date for options? or is T+1 settlement only refers to time between assignment/exercise of option to delivery of underlying?
Any help is greatly appreciated!!
[link] [comments] https://www.reddit.com/r/stocks/comments/12c6c3u/exercising_an_option_the_same_day_of_buying_it/
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