What happens to CS Puts if Robinhood no longer supports a stock and the company is OTC? APPHQ


I am waiting on Robinhood support for an amswer, but I am posting here for anyone else who might be interested.

I am trying to close my positions at a value equal to the strike price. Basically, a total loss. However, I noticed that the prices to close out at 5 times the value of the strike price (negative value). Certainly there should be no way that Robinhood chooses to close my position at a cost higher than the strike price? right?


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