you are viewing a single comment's thread.
You NO longer have them. Now you have 0.365 of AuRico Gold call for each ex Nxg call held.
In an all cash deal if your options are underwater, you're screwed. In a stock deal the contract number remains the same, but the deliverable changes. The counter party now must deliver AUQ shares. SEE the CBOE document at the link below. And, as another post has noted, you really should have known this before the deal closed... but in this case because it was an all stock deal you are safe.http://www.cboe.com/framed/PDFframed.aspx?content=/publish/TTStockSM/11-683.pdf§ion=SEC_RESOURCES&title=CBOE%20-%20CBOE
Thanks much...THAT was knowledge.