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Are there new procedures for adjusting option contracts in the case of a cash dividend?

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Are there new procedures for adjusting option contracts in the case of a cash dividend?

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Yes, the new procedures begin on February 1, 2009. You will want to read this memo that was published by The OCC for all details: http://www.optionsclearing.com/market/infomemos/2008/nov/25133.pdf.

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Yes, the new procedures begin on February 1, 2009. You will want to read this memo that was published by The OCC for all details: http://www.optionsclearing.com/components/docs/market-data/infomemos/2008/nov/25133.pdf.

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