Am I screwed?

C

captainbluff

Today I bought 5 Sept 50 Calls of THE


- THE was acquired by HERO
- THE is trading at 48
- HERO is trading at 33
- today was the last day THE traded

What will happen to my Sept 55 Calls? HERO does not have Sept calls.

Thanks!
 
Quote from captainbluff:

Today I bought 5 Sept 50 Calls of THE

What will happen to my Sept 55 Calls?

Thanks!
More...

You bought 5 Sept 50 Calls and you're worried about the Sept 55 Calls?

Sheesh!
 
Quote from captainbluff:

Today I bought 5 Sept 50 Calls of THE


- THE was acquired by HERO
- THE is trading at 48
- HERO is trading at 33
- today was the last day THE traded

What will happen to my Sept 55 Calls? HERO does not have Sept calls.

Thanks!
More...
check the exchange's website. It has a document detailing what would happen to your option.
 
Quote from MushinSeeker:

captain, check your post again..
You said u bought 50 calls but then you said what will happen to my 55c
More...

you are absolutely correct, I meant to ask what will happen to my 50 Call.
 
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