Anyone short NSM Apr calls?

Discussion in 'Options' started by JJacksET4, Apr 4, 2011.

  1. Or for that matter, May, etc.?

    Stock up to $24.30 after hours on buyout by TXN!

    Ouch!

    Assuming it holds, some $5 options will go to about $930 (Apr 15s).

    One more quick note - there was low volume on these, but these is still OI in the 1000s for 15s, 16s and 17s, so someone is short them (of course, they may be covered, etc.)

    And no, I'm not short or long (dang!) any.

    JJacksET4