Sentences with phrase «share in cash expiring»
Tiberius Capital has a tender offer for MATH at $ 1.25 per share in cash expiring on July 20.
https://greenbackd.com/ Not exact matches
Since I bought shares in another media company (NXST) earlier in the month, I was hoping that this CMCSA put option would just expire out of the money, as opposed to potentially being assigned and having to use more cash to buy more media stock.
That means that (1) you receive $ 15 / share in cash today, and (2) in 2 months time you will either lose your stock at $ 90 (plus the $ 15 you got today, for a total of $ 105 / share), buy back the call options (and perhaps sell others), or keep your stock and have the options expire worthless (if the stock is below $ 90 on option expiration day).
Quick review (if you need a longer explaination, see the covered call tutorial): (1) you need 100 shares of stock or ETF, (2) you then sell 1 call option (because options control 100 shares) against the stock / ETF you own, and then (3) at expiration you may end up having your stock called away (and receive cash) or you may end up owning your stock and having the call option expire worthless (in which case you can sell another call for the next cycle).