1.The in-the-money long options position will exercise automatically at the end of the expiry date.
2. For risk management purpose, Futu will recalculate your required margin in accordance with the margin requirement after the exercise of your in-the-money (or close to in-the-money) options. This action shall be performed on the day of expiry prior to the market close with no fixed schedule. Please note that Futu has the right to close such options position without further notice if a margin call is triggered during above period.
3. According to the terms above, if your options position is exercised or assigned, you should take full responsibility of any corresponding settlement obligations as well as any potential loss.