Per our platform terms, Gatsby will sell option positions currently in-the-money, or with reasonable probability of becoming in-the-money, on the user’s behalf just prior to expiration. You may be notified within the app and/or via email that your option is expiring. If you don’t sell it yourself, Gatsby will sell it on your behalf. Gatsby withholds the right to sell out eligible contracts prior to the exercise date.
Although Gatsby will use its best efforts to execute this policy, there is no guarantee an option will be sold, and any positions resulting from the exercise/assignment of an unsold option are the responsibility of the user.