$GMCR #ShortPuts – Once the takeover offer for GMCR was announced I shorted a bunch of Puts for Both Jan 2017 and Jan 2018 for whatever I could get for them. I knew that whenever the merger was about to close, the options would collapse before being delisted.

I covered some of them today to get rid of the margin requirement.

Bought to close GMCR Jan 19 2018 75.0 Puts @ 0.02 – Sold for 1.50 and again at 2.00
Bought to close GMCR Jan 19 2018 70.0 Puts @ 0.02 – Sold for 1.00 and again at 1.50

These were sold in December and technically have 693 Days to Expiration. But should be delisted way before that.