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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Perspective who wrote (110986)3/17/2008 1:51:32 PM
From: Peter VRead Replies (2) | Respond to of 306849
 
>>I just don't have experience with options in companies that are taken over.<<

Nor do I. Does anyone here know how the BSC options are going to be handled?

Right now my BSC Jan 40 puts are trading 35 x 37.3, with the stock at 3.92, so the bid actually reflects a negative time premium!

Of course, the deal will be done long before January (sigh ...) so how do I maximize my return here? Wait until the shareholders approve? Wait until the sale goes through? Do the options disappear once the deal is done?