Can someone explain to me why did TC say the offer is significantly undervalued at $120, and he seems $125 is ok? I assume the offer is more than the $125 that is being reported, and I will not be surprised an offer in the range of $130-140 to make better sense...Lets see Monday morning,,,
$125, a lot of options traded at $120 strike for over $5 and at the $125/$130 strikes. All which would not make money at $125. I can't wait for Monday. Does this trade over the $125 price? Are any other bidders still in the game?