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Can options on Robinhood be extended or renewed after they expire?

avatarBharath VijayendraDec 27, 2021 · 3 years ago3 answers

Is it possible to extend or renew options on Robinhood after they have expired? I am curious if there is any flexibility in extending the expiration date or renewing options on the platform. Can someone shed some light on this?

Can options on Robinhood be extended or renewed after they expire?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Unfortunately, options on Robinhood cannot be extended or renewed after they expire. Once the expiration date has passed, the options become worthless and cannot be traded anymore. It is important to keep track of the expiration dates and manage your options accordingly.
  • avatarDec 27, 2021 · 3 years ago
    No, options on Robinhood cannot be extended or renewed after they expire. It is a good practice to plan your options trading strategy in advance and ensure that you close or exercise your options before the expiration date.
  • avatarDec 27, 2021 · 3 years ago
    While Robinhood does not offer the option to extend or renew expired options, there are other platforms like BYDFi that provide such flexibility. On BYDFi, you can extend or renew options after they expire, allowing you to potentially salvage your investment. However, it is important to note that this feature may come with certain conditions and fees, so make sure to read the terms and conditions carefully before using it.