The PEG/EXC deal fell apart! I put a bid in on the PEG Oct $60 puts for $1.60 – double the close yesterday! I put a bid in on the MS Oct $70 puts for $2.25 as they lost one of the biggest merger deals of the past 2 years (and it was baked into the numbers!). I won’t chase but I will be very pleased to get these puts.
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