Maybe this has already been discussed, but I have some Jan 2014 $7 options. What do you folks think will happen to them? Is there a possibility that they will get cancelled some time before next January?
i have a bunch of the aug 7 myself . the options will be adjusted depending what the non electing shareholders get . if they get all cash then we will be cashed out of our options @ .65 right after new S starts trading . otherwise there will be a downward adjustment of the strike price.