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betaboy3000

Halted Russian stocks

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Ya, real humans that talk are not IB's strong suit! I have puts and I can exercise them but there's no market to close the short I end up with if I do.  

Frustrating.  I have a few months left on the position, so I'm hoping it gets sorted, but doesn't look good. Right now, the underlying has gone down a lot and the position has worked in my favour, but it's frozen. 

The stock (Mechel PAO) is still trading on the MCX exchange but that doesn't help me much.

 

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1 hour ago, betaboy3000 said:

I have puts and I can exercise them but there's no market to close the short I end up with if I do.  

Surely this has happened in some fashion before and there is some method of dealing with it.  I've searched around just out of curiosity and have not been able to find out anything.

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