{"slug":"adjusted-options-after-mergers","qid":"cash_merger_pin","label":"A target stock pinning to its cash deal price (ATVI, 2023)","post_title":"How Options Adjust After Mergers & Spinoffs","post_url":"/blog/adjusted-options-after-mergers#q-cash_merger_pin","columns":["session_date","session_label","close_px","day_range_pct"],"rows":[{"session_date":"2023-06-15","session_label":"June 15, 2023","close_px":81.45,"day_range_pct":1.23},{"session_date":"2023-06-16","session_label":"June 16, 2023","close_px":81.97,"day_range_pct":1.56},{"session_date":"2023-06-20","session_label":"June 20, 2023","close_px":81.89,"day_range_pct":0.54},{"session_date":"2023-06-21","session_label":"June 21, 2023","close_px":80.94,"day_range_pct":1.25},{"session_date":"2023-06-22","session_label":"June 22, 2023","close_px":82.3,"day_range_pct":2.45},{"session_date":"2023-06-23","session_label":"June 23, 2023","close_px":81.9,"day_range_pct":0.95},{"session_date":"2023-06-26","session_label":"June 26, 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2023","close_px":92.22,"day_range_pct":0.34},{"session_date":"2023-09-15","session_label":"September 15, 2023","close_px":91.82,"day_range_pct":0.65},{"session_date":"2023-09-18","session_label":"September 18, 2023","close_px":91.91,"day_range_pct":0.25},{"session_date":"2023-09-19","session_label":"September 19, 2023","close_px":92.07,"day_range_pct":0.34},{"session_date":"2023-09-20","session_label":"September 20, 2023","close_px":92.56,"day_range_pct":0.33},{"session_date":"2023-09-21","session_label":"September 21, 2023","close_px":92.35,"day_range_pct":0.31},{"session_date":"2023-09-22","session_label":"September 22, 2023","close_px":93.92,"day_range_pct":0.27},{"session_date":"2023-09-25","session_label":"September 25, 2023","close_px":94.05,"day_range_pct":0.17},{"session_date":"2023-09-26","session_label":"September 26, 2023","close_px":94,"day_range_pct":0.22},{"session_date":"2023-09-27","session_label":"September 27, 2023","close_px":93.92,"day_range_pct":0.42},{"session_date":"2023-09-28","session_label":"September 28, 2023","close_px":93.54,"day_range_pct":0.64},{"session_date":"2023-09-29","session_label":"September 29, 2023","close_px":93.63,"day_range_pct":0.46},{"session_date":"2023-10-02","session_label":"October 2, 2023","close_px":93.94,"day_range_pct":0.36},{"session_date":"2023-10-03","session_label":"October 3, 2023","close_px":93.89,"day_range_pct":0.24},{"session_date":"2023-10-04","session_label":"October 4, 2023","close_px":93.75,"day_range_pct":0.43},{"session_date":"2023-10-05","session_label":"October 5, 2023","close_px":93.67,"day_range_pct":0.3},{"session_date":"2023-10-06","session_label":"October 6, 2023","close_px":94.24,"day_range_pct":0.34},{"session_date":"2023-10-09","session_label":"October 9, 2023","close_px":94.34,"day_range_pct":0.29},{"session_date":"2023-10-10","session_label":"October 10, 2023","close_px":94.34,"day_range_pct":0.33},{"session_date":"2023-10-11","session_label":"October 11, 2023","close_px":94.47,"day_range_pct":0.49},{"session_date":"2023-10-12","session_label":"October 12, 2023","close_px":94.42,"day_range_pct":0.25}],"shape":"series","sql":"SELECT\n    toString(date)                                                             AS session_date,\n    concat(monthName(toDate(date)), ' ', toString(toDayOfMonth(toDate(date))),\n           ', ', toString(toYear(toDate(date))))                              AS session_label,\n    round(max(toFloat64(close)), 2)                                            AS close_px,\n    round(100 * (max(toFloat64(high)) - min(toFloat64(low)))\n          / max(toFloat64(close)), 2)                                          AS day_range_pct\nFROM global_markets.stocks_daily_aggs\nWHERE ticker = 'ATVI'\n  AND date BETWEEN '2023-06-15' AND '2023-10-20'\nGROUP BY date\nORDER BY date","computed_at":"2026-08-09T14:43:20.734984+00:00","elapsed":0.003022771}