oldarmy1 said:

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oldarmy1 said:

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Interactive Brokers

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Challenger 17 said:

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oldarmy1 said:

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Interactive Brokers

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Thank you. Would you follow suit with 21.76 July 17?

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oldarmy1 said:

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Challenger 17 said:

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oldarmy1 said:

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Interactive Brokers

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Thank you. Would you follow suit with 21.76 July 17?

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I did

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oldarmy1 said:

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July 17 $21.76 calls. Over 20k volume just in the first minutes of opening. Yeah, i'd say there is more than smoke on MOMO.

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AGSmith said:

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gotsand said:

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Aggiesincebirth said:

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Prognightmare said:

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I'm looking at those $180 calls like an overpriced lotto ticket. If GOOG buys ROKU then I see it as being a stock swap type of deal and not a cash purchase.

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Always wondered what happens in that case? Do you still get a premium for the purchase and now you own Google stock? Same with reverse stock splits where the price goes through the roof and you are holding options. I would assume on the options side it also reflects the reverse stock split?

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In the case of splits, the options will trade under a separate ticker that's adjusted according to the split. In TDA, for example, it might say "(16/100)" after the ticker. There will also be a normal 1:1 ticker for the option. The fractional options are typically not as liquid.

With respect to buyouts, profitable or not depends upon the ultimate share price and option strike price.

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RUBI has a pending July option that involves their part stock/part cash acquisition of another company several months back. Fidelity lists it as July (ADJ) and it's weird looking.

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bigbass1170 said:

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Good time to average down on ONTX?

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0708aggie said:

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Boom MOMO 20

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GreasenUSA said:

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AGSmith said:

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gotsand said:

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Aggiesincebirth said:

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Prognightmare said:

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I'm looking at those $180 calls like an overpriced lotto ticket. If GOOG buys ROKU then I see it as being a stock swap type of deal and not a cash purchase.

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Always wondered what happens in that case? Do you still get a premium for the purchase and now you own Google stock? Same with reverse stock splits where the price goes through the roof and you are holding options. I would assume on the options side it also reflects the reverse stock split?

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In the case of splits, the options will trade under a separate ticker that's adjusted according to the split. In TDA, for example, it might say "(16/100)" after the ticker. There will also be a normal 1:1 ticker for the option. The fractional options are typically not as liquid.

With respect to buyouts, profitable or not depends upon the ultimate share price and option strike price.

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RUBI has a pending July option that involves their part stock/part cash acquisition of another company several months back. Fidelity lists it as July (ADJ) and it's weird looking.

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Yeah, in Etrade Pro, my July RUBI calls have an alert that says "This option has been adjusted due to a corporate action. The contract deliverable is: 0 shares of RUBI."

I bought it as TLRA. It looks like it means that even if it's in the money at expiration, I won't be assigned shares. Not completely sure of that though.

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khaos288 said:

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Oh boy you guys aren't kidding. No f16 for me.

On a market note, if you guys were going to park cash for 6 months what would you do with it? I get 2.1 through my mma, but wouldn't mind a little more risk with my play money.

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AGSmith said:

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GreasenUSA said:

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AGSmith said:

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gotsand said:

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Aggiesincebirth said:

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Prognightmare said:

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I'm looking at those $180 calls like an overpriced lotto ticket. If GOOG buys ROKU then I see it as being a stock swap type of deal and not a cash purchase.

---

Always wondered what happens in that case? Do you still get a premium for the purchase and now you own Google stock? Same with reverse stock splits where the price goes through the roof and you are holding options. I would assume on the options side it also reflects the reverse stock split?

---

In the case of splits, the options will trade under a separate ticker that's adjusted according to the split. In TDA, for example, it might say "(16/100)" after the ticker. There will also be a normal 1:1 ticker for the option. The fractional options are typically not as liquid.

With respect to buyouts, profitable or not depends upon the ultimate share price and option strike price.

---

RUBI has a pending July option that involves their part stock/part cash acquisition of another company several months back. Fidelity lists it as July (ADJ) and it's weird looking.

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Yeah, in Etrade Pro, my July RUBI calls have an alert that says "This option has been adjusted due to a corporate action. The contract deliverable is: 0 shares of RUBI."

I bought it as TLRA. It looks like it means that even if it's in the money at expiration, I won't be assigned shares. Not completely sure of that though.

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The OCC Memo on that option says the per contract deliverable is 108 shares RUBI plus $.95 cash.

https://www.theocc.com/webapps/infomemos?number=46823&date=202004&lastModifiedDate=04%2F15%2F2020+00%3A00%3A00

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KT 90 said:

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CSTXAg92 said:

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McInnis 03 said:

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$MARK

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Just got in @ $2.58. Here we go!

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Is this a day trade mainly, or are you expecting more of a run up on this?

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CrazyRichAggie said:

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Just picked up some mo MOMO. Let's go

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CrazyRichAggie said:

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Just picked up some mo MOMO. Let's go

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TecRecAg said:

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CrazyRichAggie said:

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Just picked up some mo MOMO. Let's go

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Yes, lets go in the next 2 days..

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aggiedaniel06 said:

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Yes this was a textbook squeeze and my reason for buying. Algo with the strictest squeeze setting pinged me to buy and I looked at it thought, I wont see a better squeeze setup than that.

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fightintxag13 said:

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NET!!!!

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