But that's just the point: it's not worthless for the very same reason the underlying is still trading at a discount to the non-binding proposed...
Thank you, that was helpful. (And yes, AYA is trading at $19 even though the non-binding proposal on the table is for $21, so I assumed the...
I'm talking about the time value that is a part of the premium paid for an option right now (while buyout has simply been proposed, but is not...
OK, so at first glance it appears that the answer to my first Q is indeed that any ITM options will just get liquidated at their intrinsic / ITM...
Right but I'm asking what's typical in cases like this. That would seem to be a rather important question for anyone looking to buy or sell...
I've googled this, but found the answers frustratingly inconsistent -- most articles just say "ask your broker", which I find to be a pretty...
Separate names with a comma.