Sun, Feb 1, 2015, 6:17 PM EST - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Sears Holdings Corp. (SHLD) Message Board

  • tekamia tekamia Oct 5, 2012 12:44 AM Flag

    SHLD2 Options with SHOSR -Please Explain!!!

    My original 10 calls of SHLD (were supposed to expire in 2013 and are In The Money) became SHLD2 with (.218091) SHOSR rights (which I am not sure what all that really means). If I cannot sell my SHLD2 calls at a decent price (they are supposed to have time value, but SHLD2 options are so illiquid that have been trading only at negative time value),

    Is there any benefit to exercise my calls before October 8 (as far as I understand, after October 8 SHOSR disappears, I think)?

    What is supposed to happen if I exercise my calls now, for example, Oct. 5 (remember that SHOSR stopped trading after Oct. 2 and SHOSR disappears after Oct. 8)?

    All this is very confusing, PLEASE EXPLAIN!!!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
31.84-0.33(-1.03%)Jan 30 4:00 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.