I have 3 options in August for the $195 call strike. The company was just bought out for $230 dollars which was $125 cash and the rest in stock. What is my option worth since part of it is in the other company stock.
There is no chance the deal will complete before option expiration. Humana stock will open Monday close to the $235 buyout price, and the options will reflect that value. $40 plus a bit of time value, but with just 2 weeks to expiration, not much.