SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Biotech Valuation
CRSP 62.17-0.6%12:57 PM EDT

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Biomaven who wrote (32872)11/12/2009 6:35:19 AM
From: Robohogs  Read Replies (2) of 52153
 
I don't think the result will have anything to do with what others elect, necessarily. What I think I remember seeing in other cases like this is that the CBOE will take a look at the end mix of "stuff" and will change delivery to that mix of stuff so in this case a bunch of cash and some stock. The option will live on and have special delivery. Additionally, there may be some pressure for someone to exercise against you and go get the mix depending on how things go.

One would have to check the vol assumptions then as the juice would be cut to 40% of old option.

Jon
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext