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


To: Jean M. Gauthier who wrote (8060)8/3/2000 10:25:01 AM
From: Bridge Player  Respond to of 8096
 
<< if exercised..>>

That would indeed seem to be the operative words.

When you are concerned about an issue that could have a significant impact on your financial future, I suggest that you seek authoritative advice from a knowledgeable and reputable source. Free advice from persons of unknown background or qualifications on message boards is probably worth what you pay for it. Including mine.

BP



To: Jean M. Gauthier who wrote (8060)8/3/2000 4:02:35 PM
From: OX  Read Replies (1) | Respond to of 8096
 
call your broker and have them check it out for you.

also check the cboe.com website mergers/splits section to see if they've already put up the contract changes (if any).
usually the terms of the option contract are amended to include more than 100 shares of the underlying... the contract could be amended to include N shares of the other company and/or cash equivalents.