Am I screwed?

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.

Thanks!

 

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

Sheesh!

 

check the exchange's website. It has a document detailing what would happen to your option.

 

Did you even read my scenario genius?

 

captain, check your post again..
You said u bought 50 calls but then you said what will happen to my 55c

 

you are absolutely correct, I meant to ask what will happen to my 50 Call.

 

Don't know if you did this already but go to
http://www.cboe.com/tradtool/contracts.aspx
and search for TODCO. There is a phone number on there you can call too.