What happens to MER long term options if takeover complete

Discussion in 'Options' started by liulala, Dec 10, 2008.

  1. liulala

    liulala

    I shorted some MER 15$ put expire 2010,

    do the holders of the puts only able to excercise, or the put can be converted to BAC put
     
    #1     Dec 10, 2008
    Share
  2. freehouse

    freehouse

    #2     Dec 10, 2008
    Share
  3. ksonsinc

    ksonsinc

    what if i have 2010 mer 50 Strike i gues they are worthless now
    Bif 0.02 Ask 0.20 :(
    should had sold it at $2.00 when some one from ET warned me GET the Fuck out of IT
     
    #3     Dec 10, 2008
    Share