Ive lost $250,000 on options expiration date before.

I felt like sometime slammed a hammer in my gut - and that I needed rehab center to get me to stop taking unnecessary risk - I stopped on my own but not until I ruined my life completely.

believe the shorts can take it to everyone when momemtums on their side and it will be painful.

I closest I ever got was a buyout 1 day after my options expired and that after buying call options for 13 straight months with NO buyout - these things take along time to materialize if ever - ie unless your cash strapped and desperate - no one wants to give up control - believe me - its even less likely when both businesses falter with less value available to merge