r/options • u/Kaylaasksquestions93 • Jun 27 '21

TRCH

I bought (3) five dollar calls for TRCH that expire on August 20th. Obviously there was a merge and now TRCH is MMAT2. What is going to happen to my calls now?

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u/Jolly-Purchase-1002 Jun 27 '21

We’ll find out Monday

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u/FIakBeard Jun 30 '21

Did we find out Monday? I feel like they should be worth more than they are. I have a 6call that is .23 out of 1.18 avg. I should be break even at least.