$LFIN could be trading in less than 48 hours #fingerscrossed
How would you go about estimating prices for June and September puts here. Some assumption needs to be made about the new price and an implied volatility, but I’m looking for pink sheets to bring a very low price...
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My guess is that if
$LFIN opens OTC this Friday, the first trade price is somewhere around $3-$5. I currently value my June $20 puts at $15 or so, though by expiry on June 15th, I think they are worth $17-$18 (if it re-opens OTC this week) -
Though if it opened at $1 or less, that would not surprise me
End of conversation
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