jealmc79, There is a month to expiration. Anything can happen between now and then. The stock could be $90 so you need the calls. The stock could be $70 so you need the puts. Yes one side is going to expire worthless. It is also known that it will cost them $74.3M. Whoever it is has very deep pockets. Now to possibly confuse you even more if there is a special dividend that goes X between now and then the options will decrease by that amount.
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