BSC arb

Discussion in 'Options' started by scriabinop23, May 30, 2008.

  1. scriabinop23

    scriabinop23

    trading at 9.40 ??? whats the story?
    selling 10 puts and buying 7.50s (to free up margin) could be a great trade here.. Any thoughts?

    when does this stock go off the board?
     
    #1     May 30, 2008
    Share
  2. scriabinop23

    scriabinop23

    ok. i see...

    .0.21753 ratio to JPM price as it converts to JPM stock.
     
    #2     May 30, 2008
    Share
  3. freehouse

    freehouse

    When in doubt, consult the OCC Memos:

    http://www.theocc.com/market/infomemos/2008/may/24441.pdf
     
    #3     May 30, 2008
    Share