The warrants are a deliverable of the contract now, so effectively your options aren't in the money unless the price is more than .553 x the market value of the warrant below the strike price. How the market will value the contracts this morning is anybody's guess. I have the feeling puts will start out way overpriced and calls will be way underpriced, but maybe not.
Really, then why are the new options at the same strike price? And aren't the warrants $45 warrants? Won't their value be based on the share price relative to that number? Instead of telling people they are wrong, how about telling people what is the actual case. You say everything will adjust. Adjust how? As I read it, every call contract will now deliver 100 shares and 45 warrants. The strike price for the new calls is the same as the old ones and the warrants are $45. If the share price drops to $45, what do you think that does to call that had, and still have, $50 strike prices? And the added warrants are worth what?
It means that you do not know what you are talking about, and you should not give bad information to people. In other words, the light above your head is OFF. Everything will adjust based upon the previously stated ratio. Then it will go up or down from there.
have no idea i have some also i TRIED to set up a sell to close on the put and it did not recognise the symbol i then went to my positions and the code changed i then used that symbol and it did not recognise that symbol either