Thanks for this David. My broker won't know. I'll probably call CBOE and try to get someone on the phone who can tell me. I think you are correct in your assessment, for sure very illiquid and behaving strange.
--- In ConservativeOptionStrategies@yahoogroups.com, David Doyle <doylegroup_2000@...> wrote:
>
> Greetings - In the past these special contracts are from either a special div paid or a spin out of a subsidiary company. When I've had situation's like this before I generally trade out of them...reason they become illiquid to trade. I would call your broker for advice of what to do with these options. If they don't know ...CHANGE brokers, depending on your experience level either ThinkorSwim or Interactive Brokers.
>
> Good Luck and Good Trading. David
>
>
> Always remember - Life is a journey; enjoy the ride!
>
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