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Technology Stocks : Hewlett-Packard (HPQ) -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (4261)	10/18/2014 10:26:01 PM
From: Sr K	Read Replies (1) \| Respond to of 4345

It's unlikely to happen so fast. But when it does, there will be a "Circular" posted by the OCC, describing any change in option symbol and "deliverables". It's pretty automatic when stock is held in street name. The current options will probably get a 1 prefix after the symbol, after the ex date, and each such option will have deliverables of the shares of each security a shareholder with 100 shares gets. Plus any cash in lieu for fractional shares. If the 1 is already being used, they'll use a 2. If the HPQ board doesn't want a cheap sounding stock, there could be a 1:2 reverse split, so from 100 shares, a holder might get 50 of the old company and 50 of HP Enterprise.