What would happen to an open call position if the deal goes through before your ex date? Assume I have June $10 call.
Sentiment: Strong Buy
Well, I would never date my ex so it is a bit of a moot point.
But if I can read between your lines correctly, here is the answer: the open call contracts would be adjusted to require, upon exercise, delivery of the merger consideration.
Must be in politics. "I see your mouth moving but nothing is really coming out"
So can anyone answer my question?