Hi all, I'm a newbie to option trading (have been trading options for the last 20 days or so). Here is my situation. Last week, I bought 1) 10 contracts of YAHOO June 08, $27.50 strike put at $0.41 2) 10 contracts of YAHOO May 08, $27. 50 strike call at $2.45 3) 10 contracts of MSFT May 08, $28.00 strike put at $0.30 4) 10 contracts of MSFT June 08, $28.00 strike call at $2.20 Now that the Yahoo-Microsoft deal did not go thru, I'm just wondering what is the best way to sell all the options to get the most amout of profit. Should i sell all the options on Monday or wait? I can also consider exercising the options if need be. Thanks a bunch for your help.