New to trading options. Need advice on Put option now in bankruptcy

FSU said:
You need to understand that they didn't spike to this price. They market may have briefly gone 5 dollars wide on these options and Robinhood took the mid price, but this is not an indication of the value or where it is trading.
More...


I understand now. Thanks again . You've been great.

Also Robbinhood won't let me buy shares because of OTC, and I'm having problems closing my option. Even at .94 . Any ideas on what I should do with it?
 
roeco89 said:
I understand now. Thanks again . You've been great.

Also Robbinhood won't let me buy shares because of OTC, and I'm having problems closing my option. Even at .94 . Any ideas on what I should do with it?
More...
Look like you were just filled at .94
 
roeco89 said:
I was. Lol Stupid question.. how did you know that?
More...
I saw 1 offered at .94 than there was a volume of 1 with a last at .94
Good fill and outcome for you. You were filled .01 under intrinsic value so the MM made less then .01 after his commissions.
 
FSU said:
I saw 1 offered at .94 than there was a volume of 1 with a last at .94
Good fill and outcome for you. You were filled .01 under intrinsic value so the MM made less then .01 after his commissions.
More...


Thanks once again for all your help. Glad I didn't lose any money off of it.
 
You must log in or register to reply here.
Back
Top