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What happens to options in a merger?

TK All-star posted 07/02/09 at 08:01 PM

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Mark Wolfinger tackles this frequently asked question.TK client alsol asked this question in a recent ... more

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Sold 46 shares of CSCO at 18.70

Folded a losing hand after buying with the intent that DOW listing would cause bounce in price.

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Sold to Open 2 contracts of QRG SU at 0.40

This came up on one of my screeners and i figure there was little risk with this one.  Not even s... more

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Sold to Open 3 contracts of GEW GA at 0.28

Just collecting premiums on stock I already own.  I am going to bet that these are going to expir... more

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Bought 500 shares of ILMN at 31.50

With this one stock, I would have to say I feel like I have graduated from Newbie to at least trainee.... more

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Bought COOP at 1.47

Anybody else get stuck with this one??

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Sold to Open NOV SS at 0.55

If assigned I purchase the stock for 28.45.  I like this stock < than 30.  If not I pocke... more

Edited by Pro V1x at 07/02/09 at 03:06 PM
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Sold 200 shares of SU at 28.71

Sold to take profit on stock.  Frees up cash to look at another stock I like better.

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Bought to Close 2 contracts of SXH GM at 0.10

Closed out position to take quick profit so I could sell the underlying stock.

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Sold 160 shares of GMGMQ at 0.93

I learned that when a company goes bankrupt, and they have only common stock trading, and they are bou... more

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Sold to Open 3 contracts of AUY SL at 0.35

This stock is attractive to me under $9. Sold July 9 puts to collect .35.  If assigned purch... more