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#auto exercise

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Market Analysis6 min read2026-08-16

The Last Tape Said OTM. The Official Close Exercised the QQQ $731 Calls.

On August 14, 2026, QQQ’s last option-tape print sat at $730.24—below the $731 strike. The official close was $732.10. OCC auto-exercise follows the close, not the last tick.