People who traded during 9/11...what happened to weekly options that week the market was shut?

Discussion in 'Options' started by Amun Ra, Sep 4, 2020.

  1. Amun Ra

    Amun Ra

    I remember the market was shut for an entire week, but I wonder what happened to the weeklies that expired that week. Like if you had puts that week and were set to make a killing, did they just kill your options and let them expire without giving you a chance to get out? or did they extend all options a week?
     
    murray t turtle likes this.
  2. destriero

    destriero

    Moron, there weren't any weekly options.
     
  3. Millionaire

    Millionaire

    Google says CBOE introduced weeklies in 2005
     
    murray t turtle likes this.
  4. Yeah, no weeklies back then, But I did have on some SPX call diags that kicked my a$$. :(
     
    Last edited: Sep 4, 2020
  5. Amun Ra

    Amun Ra

    Hmm...so i wonder what would happen if another 9/11 happened.
     
  6. volente_00

    volente_00

    Call holders got f$ucked

    Still haunts me to this day and why I sell hope instead of buy it
     
  7. %%
    Even if they were in existence + sounds like they were not;
    you think they would open a closed exchange just for put buyers/sellers?? I think not.....................................................................................................I also remember that was pretty much the bottom; slippage would have been a real killer
     
  8. Turveyd

    Turveyd

    What are you expecting ?? WW3 ?? another mass terrorist attack ??
     
  9. ajacobson

    ajacobson

    SEC mandated new backup and remote operation rules. You just saw them operate during the recent floor closings.
     
  10. .sigma

    .sigma

    lmao
     
    #10     Sep 4, 2020