Assertion: stock option's stock | /r/HasProperty | shares of the underlying stock
Facets:
Source sentences:
text: When major corporate events happen, the OCC, which is the Options Clearing Corporation , adjusts the options in order to ensure fair pricing and reflects the adjustments in a document such as the one you see below:(Opens a new window)In the example above, instead of 1 contract of the option (previously known as NX) delivering 100 shares of Quanex Building Products Corporation stock, it now delivers (under the new symbol of NBX) 100 shares of Quanex Building Products Corporation stocks PLUS $3,920 in cash!Yes, after standardized options becomes adjusted options, it will commonly deliver either more or less shares of the underlying stock, shares of the underlying stock along with shares of another stock or it will deliver shares of the underlying stock along with cash.