I was holding Dupont (DD) options and stock and Dupont recently merged with Dow and formed a new ticker symbol DWDP. My Dupont stock got converted to DWDP as expected, but I still have short options on DD. Some of the Dupont options were worthless and some were in the money. They all expire this week and next week. What will happen on assignment? I assume that I'll be assigned DWDP stock scaled by some ratio?
The OCC publishes memos which tell you what happens... The relevant one is here: https://www.theocc.com/webapps/info...e=201709&lastModifiedDate=09/01/2017+07:56:41 You can search for all the memos here: https://www.theocc.com/webapps/infomemos