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Hi Beth
Sorry the trade hasn't worked out as you hoped. Hopefully if you are nervous about it you closed out today for a small profit.

PS - For future reference, how do I find my way to documents like this?

I find them like this
Go to cboe.com
in search box at top right type in atvi split adjustment

I was burnt once on what I thought was a wonderful Microsoft options play, but a special dividend ruined the day. Since then I always check CBOE on options that have splits or special circumstances.

This ATVI is the most complicated I have seen, but note the cash in lieu is only $4.80 total not per share (weird that)

Your trade:
3.70 * 133 = 492
if called = 1995
Total you get = 2487

Deliver = 2283

So if called it is still a 10% return

Dean
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