Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: HRAKA who wrote (12830)	2/19/1999 2:17:00 PM
From: Jack of All Trades	Read Replies (2) \| Respond to of 122087

Well you sell stock even if it is halted right? Just have to find a buyer. Well an option is a contract, that contract must be fullfilled (sp?). For a PUT it is a right to sell stock at a certain price that the underwriter garauntees. Same as if you and I made a contract outside the exchange... IMO

To: HRAKA who wrote (12830)	2/19/1999 3:00:00 PM
From: moby_dick	Read Replies (1) \| Respond to of 122087

HRAKA- here's what my broker told me re: the CYOE options. If the stock is halted and remains halted throught option expiration, then the option holder - me in this case - still gets to exercise their right to sell the stock at the strike price. (Again, in my case ,this would be $10/share on March 19). Since, if the stock were halted, I could not go to the market to buy shares to deliver, my account would then be effectively short those shares. Once the halt were ended, I could then "cover" by buying shares on the grey market. Hope this answers some questions! Moby.