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To: marc chatman who wrote (57667)12/31/1999 11:32:00 AM
From: IndioBlues  Respond to of 95453
 
Marc, I found the answer to the SLB option pricing question in a bulletin posted at the CBOE site. Essentially, options that previously traded based on a contract for 100 shares of SLB at a given strike price now trade on a contract for 100 shares of SLB and 20 shares of (new) RIG at the same given strike price.

As you say, it makes sense when you stop to think about it.

cboe.com