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


To: Wallace Rivers who wrote (36275)12/23/2009 5:49:02 AM
From: straight life  Read Replies (1) | Respond to of 78478
 
Fine; have it your way. Sell the option, let me know how that works out for you.

("The previously adjusted GYF series will be further adjusted to
require the per-contract delivery or receipt of the following:
(A) 100 ADSs of Lloyds Banking Group plc ("LYG"); plus (B)
$227.63 cash ($142.86 + $84.77). The GYF option symbol will
remain the same. Premiums and strike-price amounts for the
further adjusted GYF option will continue to be calculated on the
basis of a multiplier of 100, i.e., for premium and strike-price
extensions, 1.00 will equal $100. Strike prices will remain the
same.")

optionsclearing.com

cboe.com