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shorting an award option question

Posted by: theseehawk on Feb 28, 09:34

ref that academy award options, best picture for example, the winner will delist at $25.00 and the 8 losers will delist at $0.00

If I buy one of these SHORT at $4.00 and the movies loses and delists at $0 do I make $4 per share because I bought short or do I make nothing? In other words, do I need to cover my short before it delists??

Thanks!

shorting an award option question theseehawk Feb 28, 09:34

in that scenario, you make $4 per share when it delists, no need to cover {nm} lapuckfan Feb 28, 09:57

No Commission on Delist either, whereas there would be Commission on COVER. {nm} RotoHockeyYTD2014 Feb 28, 14:08

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