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FYI, today the SPX Jan 2021 200 call and Jan 2021 5200 put strangle has been trading for around 4995. People have often asked how to get interest on the money in their trading account. So basically you are getting $500 in interest on a $499,500 investment over about a month and a half holding...

That's the farthest out now and they (Jan 2023) just came out recently.

Take away the all or none and I'm guessing it will fill. Most of this bid is on the NAS exchange. An all or none order sent to another exchange may be affecting the routing to the NAS (others here may have more knowledge).

Seems people are able to connect using a VPN and selecting a US connection.

Are you using the index itself or the VIX futures as the underlying?

No this is not a good idea. The options will be adjusted after the dividend. Basically your strike price will be reduced by 10. There is no magic way to make free money. Here is the OCC memo https://infomemo.theocc.com/infomemos?number=47876

Its a thing (auto exercise being turned off for a halted stock) , although not the case here. The last stock I remember auto exercise being turned off was Luckin coffee when it was halted. Here is the OCC memo turning it back on after the halt was lifted...

Because the stock is expected to fall substantially. If you have a put that is out of the money based on the last price before it was halted and is expiring today, you would want to exercise it to get short stock and profit from the expected drop.

You would need to notify your broker by 530pm et (many brokers will have an earlier deadline in order to meet the 530pm OCC deadline) of your intent to exercise an out of the money contract or not exercise an in the money one. The problem is if you are exercising it will require a lot of...

Agree, I would think they would have allowed it to open before the close of the day. Many options traders will be hurt, especially retail.

I was trading it yesterday and had no clue it would be halted all day today. No position for me fortunately.

It will affect a lot of people. It was halted early, so those who planned to get out today couldn't. You're short a way out of the money put spread? Screwed as your short puts will most likely be manually exercised and you probably won't be able to exercise your longs in anticipation as it...

So you say you know your maximum risk holding a vertical spread as long as you close by expiration? Along comes Biogen which was halted earlier. Could be very ugly for holders of any expiring options here, long or short, as the options never reopened.

Not sure the point of your post. Here reddit was a good source of information. People were reporting that the were blocked from buying the stock as it was OTC, depending on their broker. This helps to answer the previous posters question why someone wouldn't simply exercise to get out of...

Yes, it would have made more sense for the owners of the puts to buy the stock and exercise the puts instead of selling them under parity. I'm guessing there were problems relating the the delisting and symbol change. Some brokers will not allow trading of OTC stocks, which it became today...

Stock symbol changed today, option symbol changes Monday. Todays puts were offered way under parity and options appear to only be trading on the AMEX. I tried to buy them, but since the stock is delisted and only trading OTC, apparently the options are closing only for customers. Looks like a...

This is one of "the" most important functions of a broker for me. Fills will differ for options on the various exchanges. Smart routing may take into account many things, which may or may not include which exchange you will get the best fill at.

Looks like you can through Fidelity.

Would you also have to pay Social Security taxes on trading income this way?

There is no gap risk here as you say with an early assignment. The risk is paying out a dividend. The early assignment may create margin issues, but there is no gap risk as the long portion of your spread would cover the risk of the stock position.