Puts will result in tons of money if its halted and/or delisted. If the stock drops to like .32 cents … you get the strike price minus the 32 cents per equity you’re short. I believe the minumum is a 100 count per contract. can you say Ka-ching.
However once trading is halted on the equity, you cannot buy the option either. That door gets closed … cos halt in equity = halt in option.
Cool.
Cow_tipping.
PS: I wasn’t too clear in my repy. Even if trading is halted there is still a price which ironically moves as well. You only cannot buy the option. Ones that you hold, you can sell.
