After the 911 market shutdown I had some questions regarding stock options. Here is the scenario: You have invested in various options and there is a systemic collapse along with an EXTENDED market shutdown. Eventually, months later the markets re-open. How are the pricing of your option affected. Say that you had only weeks to go until your option positions expired but, the markets stayed shut for months. Any takers on this scenario. I spent some time with the respective authorities on this question. Still not sure about the answers (hint: answers are in the plural) but, I did get at least a few of them. Some answered me saying they had never considered that scenario and didn’t have a clue. Any Takers???
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