beavau hi what crossed my mind when you said i wonder what games are be played, it could well be that the options which will not get exercised will be underwritten by a broker or brokers, they know they can get there hands on them, if a fund liked the company and wanted to get set then they would have to buy on market.So that amount of options bought to day for almost nothing would allow a fund or even a broker to get them selves set James