Help to sell illiquid options

Post Reply
kenairaf
newbie
newbie
Posts: 7
Joined: Fri Oct 09, 2020 11:39 am

Help to sell illiquid options

Post by kenairaf »

I sold many options with nice gains this year, both from TI and TB newsletters But as Sol said, options game is to crush or get crushed... So naturally I am owner of few worthless options, which I can not sell even for a penny.

The plan was to keep these options to the last day of 2022 in a hope some of them go up in value, and then sell losers before 2022 end to reduce tax. And this is how I learned that worthless options are not much liquid :)

Here is my desperate plea: is someone from this forum willing to buy from me few options for 0.01 to help me get read of them by end of 2022? I will not post the names of the options as I should not post TB plays here. Total cost of these options will not exceed 1 USD :) Of course I will cover all the costs including commission, currency conversion, etc. I can share the list of options in private with the willing person.

Thanks!
Post Reply