Q: I have a January 2026 call option on VRN.
As they are being taken over what happens to the option and any actions a holder would have to do ?
I am currently in a under water position and will most likely exercise if it goes positive to pick up the dividend differential.
As they are being taken over what happens to the option and any actions a holder would have to do ?
I am currently in a under water position and will most likely exercise if it goes positive to pick up the dividend differential.
5i Research Answer:
VRN options will trade under WCP after tomorrow, and price will be adjusted to reflect to 1.05 share exchange ratio. Holders do not need to do anything.