Moomoo Buddy
:
Dear valued customer, thank you for your patience, because recently CEI just had a corporate action for stock merge, each 50 shares will be merged into 1 share, then there will be 2 options for one strike price, generally the old one can not be traded, you can ignore it and trade with the new one. As for the option price goes up so high, it's also due to the stock merge, the stock price goes up then caused the option price changed, please kindly note that, if you have any question, you can contact us, thank you for your understanding!
Moomoo Buddy
San 8723
OP
:
Dear client,this option is currently tradable, but the market price is low and there are no buyers, so liquidity is low. You can keep an eye on the market and announcement.If you have any question, you can contact us via Me-Customer Service-Online Inquiry, thank you for your understanding!
Moomoo Lily : Hi,@moomoo Buddy Please assist. Thanks!
intuitive Jackal_354 : what did you pay for it
GertyBFrobezzz : Following this… I have old Calls that are itm also, on another brokerage platform… just not sure what to do with them.
Moomoo Buddy : Dear valued customer, thank you for your patience, because recently CEI just had a corporate action for stock merge, each 50 shares will be merged into 1 share, then there will be 2 options for one strike price, generally the old one can not be traded, you can ignore it and trade with the new one.
As for the option price goes up so high, it's also due to the stock merge, the stock price goes up then caused the option price changed, please kindly note that, if you have any question, you can contact us, thank you for your understanding!
San 8723 OP Moomoo Buddy : Ok. Thanks! The old option can’t be traded mean can only leave it till it expired is it?
Moomoo Buddy San 8723 OP : Dear client,this option is currently tradable, but the market price is low and there are no buyers, so liquidity is low. You can keep an eye on the market and announcement.If you have any question, you can contact us via Me-Customer Service-Online Inquiry, thank you for your understanding!