the same question dodged me. and i fouind the answer in the nse site
The quantity doubles and the strike price halves automatically
all othee prpcedure is the same
KUmar
To: Technical-Investor@
From: stocks.murtaza@
Date: Wed, 25 Nov 2009 16:54:31 +0530
Subject: [Technical-Investor
RIL goes ex-bonus 2morrow.
What will happen to the calls/puts for this, next and far series.
Will they become double with half the strike?
If yes, then if I sq 2morrow then will it be charged double brokerage?
If settled, then will exchange charge double settlement?
If settled, then will exchange charge double settlement?
Can someone throw some light on this .. since I am carrying 1xRIL 2190PA for 2morrow.
Thanks
Murtaza
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