Relatively new on how the technical processing works on here but why did this spread not expire on expiration day May14th?
Instead it is displayed like a cash settled assignment on May16th for 0$ occured?
May 14th execution would mean 100% profit, May 16th execution is a 250% loss.
Early assignment is a known thing but I never experienced late assignment.
Does anyone know whether that’s a display issue or did the expiration really executed on May16th? If so, does anyone know the reason? Does it have to do with a holiday?