I
ilievini
Guest
I have 4 contracts (400 shares) of BSC straking price $5 July 2008. On Friday 05/30 JPM annonced aquisition completed and the convertable ratio is 1BSC to 0,21753JPM. My question is: how does this play with my options, would it be proportional, 400BSC to 87JPM, can I buy 87JPM or cash settle? Thx in advance