Bombardier Inc. T.BBD.A

Alternate Symbol(s): BDRPF | T.BBD.PR.B | BDRXF | T.BBD.PR.C | T.BBD.PR.D | BOMBF | BDRAF | T.BBD.B | BDRBF

Industrials Aerospace & Defense

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.

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Bombardier Inc. > Question about BBD.B options after stock split

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Comment by Nordicoon Jan 18, 2023 3:24am

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Post# 35229824

RE:Question about BBD.B options after stock split

You'll get a reasonable bid from the market maker(s) for BBD options, yes. Just don't enter a market order; enter a limit order and then inch your Ask down by small increments every 5 minutes until you get filled.

Bomber65 wrote: I had purchased some BBD.B call options with a strike price of 2.5 before the reverse split- the options were adjusted after the split and the strike price is now at 62.5.

The options expire on Friday so I'm hoping to sell them but I'm wondering if the odd strike price (62.5) is going to cause any issues? When I go look at BBD.B options it shows them available to buy at a strike price of 60/62/64 etc but nothing at 62.5. Will there be any buyers at 62.5 strike price? Will the odd strike price make it difficult to move or will it get adjusted somehow to connect with a buyer?

I have a decent amount of options and couldn't afford to exercise them even if I wanted to immediately sell them for a profit (If the stock happens to continue to climb in the next few days)

I looked and couldn't find any answers online so if anyone has any input it would be greatly appreciated, I'm fairly new to the options world. Thanks