Canadians Halt Options Trading With California Residents Due To Unpaid Bills

This is what happens when you live in a bankrupt state: one by one the big exchanges stop trading with you.

Please be advised that there has been an unforeseen delay in renewing CDCC’s annual application with the State of California.

Due to this delay, CDCC options may not at this time and until further notice be sold or offered for sale in the state of California and to California residents until the annual application process is completed.

How does one now buy December $0 Puts on Sacramento? Perhaps Arnie can do another garage sale and pay up before the NYSE and NASDAQ follow suit and block all equity trading for Californians. 

h/t Rod