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Strategies & Market Trends : Options -- Ignore unavailable to you. Want to Upgrade?


To: edamo who wrote (895)1/10/2000 1:57:00 PM
From: Eylon  Read Replies (1) | Respond to of 8096
 
the twx option will become an "new" aol option symbol with the 1.5 ratio built in.

I know that. My question is how this 1.5 ratio will be applied.

1) The "new" aol option will be at 66% of the strike price of the old TWX option (also 1.5 the number of the new contracts).

2) The "new" aol option will be at the same strike price of the old TWX option with each contract now for 150 shares.

The different between the two is huge

Eylon