Adjustments can result in an acceleration of expiration, strike price adjustments or a change in the deliverables The dividend would yield $10.00 in value for the 100 share option and $15.00 for the other The adjustment is in effect based on the effective date as outlined in the occ memo, and remains in the adjusted state until the contract ceases trading or a new memo is issued.
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Occ is the issuer of and sole clearing agency for standardized equity options listed on national securities exchanges registered with the commission
Hess corporation options were adjusted on july 18, 2025 (see occ information memo #56907)
The new deliverable became 1) 102 chevron corporation (cvx) common shares and 2) cash in lieu of 0.5 fractional cvx shares. Listed below are options products cleared by occ Please refer to each link below for product specification information Access product specifications and more.
$0.10 special dividend is declared
