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Strategies & Market Trends : Canadian Options
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To: Dave.S who wrote (1138)7/12/1998 12:38:00 PM
From: Dan Courtemanche  Read Replies (1) of 1598
 
Dave S,

From what I understand, the Market Maker is required to fill an order or play the other end when there is no open interest. If I sell to close a position in this situation, is the MM obligated to fill my order with at least the intrinsic value of the option or would I be forced to exercise in order to receive full intrinsic value.

Thanks,
Dan
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