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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.

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To: alan holman who wrote ()4/10/1997 1:56:00 PM
From: Sans Souci   of 28369
 
Bre-X OPTIONS QUESTION: What happens if, for example, I have a BXM May $5 call and the stock gets halted? (during the options expiry date) Can I still sell my option (or do the options also get halted, thus making me miss the expiry date and not being able to do anything with my position).

What about a put?... for example, a $5 May put -- stock gets halted, news is very bad (hopefully won't happen) -- can I still exercise that put? (ie., force the option writer to buy my BXM shares even though the stock is halted)... alternatively, could I sell those puts?

What about the scenario of the stock getting "de-listed" instead of just halted?

Answers greatly appreciated.

-- Paul
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