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REDDIT

Close option without liquidity

C
Jun 24, 2026 · 14:42

I have some CWAN Jan 28 25c that I would like to close since it is worthless and showing weird unrealized pnl in my IBKR Account. That Company seems to go private and I am unable to sell even for 0.01

Is there any way to get rid of the position? I read something about a cabinet trade but I am not sure if a sell order with 0.01 lmt will work.