Exised, there have been numerous times when a stock has been in a trading halt at an ETO expiry date, the ASX allows trading in ETOs over suspended stocks on the day of expriy for that very reason. So what you are saying is nonsense and incredibly unlikely.
Of course if an asteroid hit earth and wiped out humanity a short position will be worthless. Most of us make decisions based on more releastic outcomes.
Over sold?, page-30
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