What happens to OTM options when trading is halted for remainder of day (For eg, 20% uptick or downtick)? OTM option strike is beyond this final price.
otm expire worthless , compared to last closed price I guess…
Have the same doubt. Maybe @Karthik can help.
I think on expiry ITM are cash/delivery based settled and OTM are reduced to 0. That’s it
If it’s OTM, it will be worthless.
Thank you Siva for clarification.