My wife and I have some vested options in Zulily from when she used to work there. The stock has been very poor so far, but this morning it was announced they are selling to QVC and the price show up 50% from ~$12.50 to ~$18.50.
We are both very inexperienced in trading and evaluating the market. What we want to know is, is it typical that the price may climb a little more throughout the day, or is the morning rush pretty much the peak?
Lastly, what are our best options to save the most money? We were told to do a same-day sale of the options when we purchase them for the best tax situation.