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Subject:  options converted for dividends??? Date:  8/17/2005  10:23 AM
Author:  randyquick Number:  222896 of 278313

hi Fools,
This may be answered simply...
and that's why I'm here, I surely do not know.

If I buy options in microsoft and they pay another special dividend
do I have the right to convert my option, as a proxy to the stock,
and get paid that dividend?

I believe that time is soon coming so I either
buy the stock OR
buy a larger bundle o' stock via options held...

Lead on wise Fools.

Best Regards,
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