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Petrobank spinoff: what happens to an option contract? (updated)
Update 29 December 2010: Please note that Montreal Stock Exchanged has clarified these issues in a PDF document: the contracts are now trading under the ticker PBG1. The value of each contract is...
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Petrobank spinoff II: What happens to an option contract?
In a previous post, I wondered what happens to an options contract after a spinoff. Petrobank spun off Petrominerales–its Columbian holdings. I figured, based on the rules, that if my puts were...
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