extend options expiry date ????

  1. 504 Posts.
    anyone out there know if there is any reason why a company could not change the expiry date on their options to a new date in the future,

    or reduce the amount required to take up the options

    many cases where options expire out of the money

    just wondering if there is a law that states the option details cannot be changed
    doubt it myself
    or options could be rolled over into another class of options

    some of these companies are struggling
    believe they should be able to place better renewed prices or dates to recover funds from option holders

    your replies will be appreciated

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