FIT OTM call options worth
FIT is trading at acquisition price, ~$7. What happens to OTM call options at say $8 once the acquisition is complete? $8 ones are now worth almost 0 but after it becomes GOOG how is the pricing determined? TC: 35 btc Disclosure: I don't own FIT
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Microsoft BlameDems Nov 1, 2019
It’s not. Google offered cash. You can exercise the option if you’d like.
New
exflix Nov 1, 2019Acquisition price is $7.35 per share but trading now at $7.13. So, there is some arbitrage
Apple TeeSee Nov 1, 2019
I’m going to guess you already know the answer. Whoever sold those calls had a close call
You make $3,195,150?
My bad
Ah ok