Replies to post #112 on Take-Two Interactive Software Inc (TTWO)

[benjo]

When the options expire, they either expire worthless or worth something.

Example: say you were holding $16 and $17 calls for TTWO.

Well, at the close on Friday, your $16 calls would be worth .99, and your $17 calls would be worthless, because the PPS was less than $17.