Question
Under the new symbology, how are options symbols displayed for options affected by corporate actions?
Answer
Under the new symbology, a new number will be added to the Root Symbol field for an option that is affected by a corporate action. Each time the option is affected by a corporate action, a new number is added. For example, a 1 is added for the first corporate action, a 2 for the second. Below is an example of the symbol for the Microsoft option, that has been affected by a corporate action:
MSFT1:20NOV10:C42.5
The 1 next to the symbol MSFT indicates that this option was affected by a corporate action.