Adjustment in Futures and Options contracts of Sun Pharma

  • 4
  • July 26, 2013
Adjustment in Futures and Options contracts of Sun Pharma

sunpharmaSun Pharmaceuticals Industries Limited (SUNPHARMA), has announced Bonus Issue in the ratio of 1:1 due to which  there would be  adjustment in  Futures and Options contracts. The ‘adjustment factor’ for the corporate action shall be 2 and the ex-date for the corporate action shall be July 29, 2013.

For Example :

Positions before & after  for Futures  in Sun Pharma EOD 26th July 2013 & 29th July 2013 :

Security

Expiry Date Long position EOD 26.07.2013 Short position EOD 26.07.2013 A Long position Short position

Symbol

Day

on 29.07.2013

on 29.07.2013

 

After

   
       
SUNPHARMA

29-Aug-13

1000

0

 

2000

0

SUNPHARMA

26-Sep-13

0

1000

 

0

2000

SUNPHARMA

31-Oct-13

0

2000

 

0

4000

Also Read : Overbought Stocks: How to Identify and Take Advantage

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