ACCD
Accolade, Inc. Common Stock
stock NASDAQ

Flair is loss bc it’s basically a loss lol.
Had 33 call contracts at $55 strike on X (U.S. Steel). Buyout went through, OCC memo says each contract gets $5,500 in cash. There were past precedents set with MODN, ACCD and INST being settled at par so I figured this would follow suit. They say if the contract isn’t $0.01 ITM, it doesn’t auto-exercise. And I can’t even manually exercise unless I drop $180k just to get it back. So because it’s exactly at the strike, I get zero, I get it a memos a memo and language is language but it’d be life changing money all around and I’m not looking to make a sob story or get roasted for being new to this. I understand life ain’t fair and all that too. Just spreading this out to see who all else is facing a similar experience. OCC confirmed it. Robinhood shrugged. Just in a shake my head kinda feeling. Any insight or feedback would be neat

Flair is loss bc it’s basically a loss lol.
Had 33 call contracts at $55 strike on X (U.S. Steel). Buyout went through, OCC memo says each contract gets $5,500 in cash. There were past precedents set with MODN, ACCD and INST being settled at par so I figured this would follow suit. They say if the contract isn’t $0.01 ITM, it doesn’t auto-exercise. And I can’t even manually exercise unless I drop $180k just to get it back. So because it’s exactly at the strike, I get zero, I get it a memos a memo and language is language but it’d be life changing money all around and I’m not looking to make a sob story or get roasted for being new to this. I understand life ain’t fair and all that too. Just spreading this out to see who all else is facing a similar experience. OCC confirmed it. Robinhood shrugged. Just in a shake my head kinda feeling. Any insight or feedback would be neat