**TI82** TxtView file generated by CalcText - Kouri õcdsvõóÿcdddOptions futures et autres produits derives Suppose you own N options with a strike price of X : No adjustments are made to the option terms for cash dividends When there is an n-for-m stock split, the strike price is reduced to mX/n the no. of options is increased to nN/m Stock dividends are handled in a manner similar to stock splits Margins are required when options are sold When a naked option is written the margin is the greater of: A total of 100% of the proceeds of the sale plus 20% of the underlying share price less the amount (if any) by which the option is out of the money A total of 100% of the proceeds of the sale plus 10% of the underlying share price For other trading strategies there are special rules ÿ,