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Non-Tech : RAINFOREST CAFE
RAIN 5.735+2.5%3:58 PM EST
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To: AARON DIDICH who wrote (3529)11/25/1997 9:33:00 AM
From: Mike Naiditch  Read Replies (1) of 4704
 
Options Update (split info)

RAIN will have two different options tickers until May expiration. QRI options, pre-split will be converted to "old" options under a different ticker. These options will be adjusted for the split.

A) Positions will remain the same.

B) The multiplier for each "old" contract will be adjusted to 150, and each "old" contract will control 150 shares of RAIN.

C) Stikes will be adjusted by multiplying by 2/3 and rounding to the nearest 1/8. Example:
25>>>16 5/8
30>>>20
35>>>23 3/8
40>>>26 5/8

Mike Naiditch
Tower Trading DPM
towertrading.com
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