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

Discussion in 'Options' started by roeco89, May 10, 2019.

  1. roeco89

    roeco89


    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?
     
    #51     May 14, 2019
  2. FSU

    FSU

    Look like you were just filled at .94
     
    #52     May 14, 2019
  3. roeco89

    roeco89


    I was. Lol Stupid question.. how did you know that?
     
    #53     May 14, 2019
  4. FSU

    FSU

    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.
     
    #54     May 14, 2019
  5. roeco89

    roeco89


    Thanks once again for all your help. Glad I didn't lose any money off of it.
     
    #55     May 14, 2019
    drmark27 likes this.
  6. What a fascinating thread. This is why ET is such a valuable place.
     
    #56     Jun 7, 2019