If you REALLY still want to short BK, you could always buy PUT futures contracts. I’d advise LEAPS (the long term ones).
But personally, I think shorting BK at this point is extremely risky. This merger may work to their advantage or in the worst case be simply neutral. Besides I think so many “players” act irrationally that even being right about an outcome doesn’t mean that what should happen will happen in the market.
For example, I believe Microsoft has been self-destructing for a few years due to excruciatingly bad management, and I see no evidence that that trend is reversing, and yet the stock market is fat, dumb, and happy with Microsoft.
Right, got it. I shorted it when it shot up and covered. Then tried to short it again when it bumped up again...no way. Wish I knew how to do options correctly, but have no teacher.