Am I screwed?

Discussion in 'Options' started by captainbluff, Jul 11, 2007.

  1. Today I bought 5 Sept 50 Calls of THE

    - THE was acquired by HERO
    - THE is trading at 48
    - HERO is trading at 33
    - today was the last day THE traded

    What will happen to my Sept 55 Calls? HERO does not have Sept calls.

  2. Nanook


    You bought 5 Sept 50 Calls and you're worried about the Sept 55 Calls?

  3. Tums


    check the exchange's website. It has a document detailing what would happen to your option.
  4. Did you even read my scenario genius?
  5. captain, check your post again..
    You said u bought 50 calls but then you said what will happen to my 55c
  6. you are absolutely correct, I meant to ask what will happen to my 50 Call.
  7. Don't know if you did this already but go to
    and search for TODCO. There is a phone number on there you can call too.