Dear Valued Clients: The OCC has changed the threshold amount for automatic exercise of equity options from .05 to .01 beginning with this upcoming expiration (the expiration on June 21st). This means that any equity option in the money by .01 or more will be automatically exercised unless you close the position or give us a contrary notice (For long positions) by 4:00PM EST.If you have any questions
please call us at 800 961-1500
Please Note: Markets will be closing at 1pm EST today and will be closed Friday July 4 in observance of Independance day. StockCross will resume normal business hours Monday July 7, 2008