peilthetraveler Aug 18, 2006 #1 I was thinking about buying some $100 MO call options for 2008. There is talk about Altria splitting into 3 different companies...My question is what will happen to the options?
I was thinking about buying some $100 MO call options for 2008. There is talk about Altria splitting into 3 different companies...My question is what will happen to the options?
N nonprophet Aug 19, 2006 #2 a search for "spin-off" in http://theocc.com/market/infomemos/info_memos_form.jsp will give some examples of what *might* happen. http://www.optionsclearing.com/market/infomemos/2006/jan/21332.pdf gives an overall description of the current adjustment methods. good luck, it'll make your head spin!
a search for "spin-off" in http://theocc.com/market/infomemos/info_memos_form.jsp will give some examples of what *might* happen. http://www.optionsclearing.com/market/infomemos/2006/jan/21332.pdf gives an overall description of the current adjustment methods. good luck, it'll make your head spin!
