InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,099.96
(
1.02%
)
US TECH 100
17,244.00
(
1.57%
)
Dow Jones
38,239.66
(
0.40%
)
Brent Oil
88.17
(
0.00%
)
Bitcoin
63,023.05
(
-1.12%
)
Post# of 1329
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

LouisDesyjr

Send PM Follow Ignore
Followers 48
Posts 2095
Boards Moderated 0
Alias Born 02/08/2011

LouisDesyjr

Re: VivaLasVegas post# 1298

Friday, 09/23/2016 9:17:02 AM

Friday, September 23, 2016 9:17:02 AM

Post# of 1329
Can't buy options when in bankruptcy unless to close

When a company is in bankruptcy, people are only allowed to buy options in order to close positions that they have open. So the only people that can buy the call options are people that wrote call contracts and still have them open.

Also, no one is allowed to write (open) new option contracts.

Louis J. Desy Jr.

Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up