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Best Buy Co., Inc. Message Board

  • ckmb54 ckmb54 Nov 19, 2012 8:49 AM Flag

    My puts were exercised this morning at $14

    Two weeks ago, I shorted puts nov-14 at $0.28 and calls nov-18 at $0.23.Unfortunately BBY collapsed below $14 friday afternoon.I could not close my position by repurchasing the puts .I refused to pay $0.25 to close the position.I was ready to pay $0.10.As long as Schulze is talking about a takeover BBY should hold above $14 for a few weeks.

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