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Re: 77Port post# 4369

Monday, 08/02/2021 9:50:05 PM

Monday, August 02, 2021 9:50:05 PM

Post# of 6252
My prediction: When it consistently trades over $5.00, maybe double that?

FWIW:
https://www.investopedia.com/ask/answers/04/072104.asp

Excerpts:
Individual companies have no say on whether or not options on their shares trade on an options exchange. The decision to list equity options for a particular equity is entirely at the discretion of the exchanges themselves.

The Five Requirements
Under Chicago Board Options Exchange (CBOE) rules, there are five criteria that a stock must meet before it can have options as of December 2020.1??

1 The underlying equity security must be a properly registered NMS stock.
2 The company must have at least 7,000,000 publicly held shares.
3 The underlying stock must have at least 2,000 shareholders.
4 Trading volume must equal or exceed 2,400,000 shares in the past 12 months.
5 The price of the security must be sufficiently high for a specific time.

Options exchanges, such as the CBOE, will not allow any options to be traded on the underlying security if a company fails to meet even one of these criteria.

*

Link has more details...

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y