{"slug":"adjusted-options-after-mergers","qid":"spinoff_package","label":"One deliverable, two companies: GE and GE HealthCare after the spin","post_title":"How Options Adjust After Mergers & Spinoffs","post_url":"/blog/adjusted-options-after-mergers#q-spinoff_package","columns":["session_date","session_label","parent_close","spinco_close","spinco_share_pct"],"rows":[{"session_date":"2023-01-04","session_label":"January 4, 2023","parent_close":56.03,"spinco_close":60.49,"spinco_share_pct":26.3},{"session_date":"2023-01-05","session_label":"January 5, 2023","parent_close":56.9,"spinco_close":59,"spinco_share_pct":25.5},{"session_date":"2023-01-06","session_label":"January 6, 2023","parent_close":57.41,"spinco_close":58.95,"spinco_share_pct":25.3},{"session_date":"2023-01-09","session_label":"January 9, 2023","parent_close":58,"spinco_close":58.1,"spinco_share_pct":24.8},{"session_date":"2023-01-10","session_label":"January 10, 2023","parent_close":60.07,"spinco_close":60,"spinco_share_pct":24.8},{"session_date":"2023-01-11","session_label":"January 11, 2023","parent_close":62,"spinco_close":64.99,"spinco_share_pct":25.7},{"session_date":"2023-01-12","session_label":"January 12, 2023","parent_close":62.94,"spinco_close":65.65,"spinco_share_pct":25.6},{"session_date":"2023-01-13","session_label":"January 13, 2023","parent_close":64.01,"spinco_close":65.44,"spinco_share_pct":25.2},{"session_date":"2023-01-17","session_label":"January 17, 2023","parent_close":64.24,"spinco_close":63.33,"spinco_share_pct":24.5},{"session_date":"2023-01-18","session_label":"January 18, 2023","parent_close":63.26,"spinco_close":62.08,"spinco_share_pct":24.5},{"session_date":"2023-01-19","session_label":"January 19, 2023","parent_close":61.34,"spinco_close":63.94,"spinco_share_pct":25.6},{"session_date":"2023-01-20","session_label":"January 20, 2023","parent_close":62,"spinco_close":66.77,"spinco_share_pct":26.2},{"session_date":"2023-01-23","session_label":"January 23, 2023","parent_close":63.66,"spinco_close":69.52,"spinco_share_pct":26.5},{"session_date":"2023-01-24","session_label":"January 24, 2023","parent_close":64.41,"spinco_close":69.6,"spinco_share_pct":26.3},{"session_date":"2023-01-25","session_label":"January 25, 2023","parent_close":64.48,"spinco_close":68.71,"spinco_share_pct":26},{"session_date":"2023-01-26","session_label":"January 26, 2023","parent_close":64.76,"spinco_close":69.22,"spinco_share_pct":26.1},{"session_date":"2023-01-27","session_label":"January 27, 2023","parent_close":66.42,"spinco_close":70.08,"spinco_share_pct":25.8},{"session_date":"2023-01-30","session_label":"January 30, 2023","parent_close":64.51,"spinco_close":71.5,"spinco_share_pct":26.8},{"session_date":"2023-01-31","session_label":"January 31, 2023","parent_close":64.23,"spinco_close":69.52,"spinco_share_pct":26.3},{"session_date":"2023-02-01","session_label":"February 1, 2023","parent_close":65.7,"spinco_close":70.01,"spinco_share_pct":26},{"session_date":"2023-02-02","session_label":"February 2, 2023","parent_close":66.99,"spinco_close":70.65,"spinco_share_pct":25.8},{"session_date":"2023-02-03","session_label":"February 3, 2023","parent_close":65.41,"spinco_close":70.55,"spinco_share_pct":26.2},{"session_date":"2023-02-06","session_label":"February 6, 2023","parent_close":65.72,"spinco_close":71.86,"spinco_share_pct":26.5},{"session_date":"2023-02-07","session_label":"February 7, 2023","parent_close":65.53,"spinco_close":71.63,"spinco_share_pct":26.5},{"session_date":"2023-02-08","session_label":"February 8, 2023","parent_close":65.41,"spinco_close":70.17,"spinco_share_pct":26.1},{"session_date":"2023-02-09","session_label":"February 9, 2023","parent_close":64.48,"spinco_close":68.41,"spinco_share_pct":25.9},{"session_date":"2023-02-10","session_label":"February 10, 2023","parent_close":64.88,"spinco_close":69.24,"spinco_share_pct":26},{"session_date":"2023-02-13","session_label":"February 13, 2023","parent_close":65.99,"spinco_close":69.43,"spinco_share_pct":25.8},{"session_date":"2023-02-14","session_label":"February 14, 2023","parent_close":66.67,"spinco_close":72.61,"spinco_share_pct":26.4},{"session_date":"2023-02-15","session_label":"February 15, 2023","parent_close":67.65,"spinco_close":72.32,"spinco_share_pct":26.1},{"session_date":"2023-02-16","session_label":"February 16, 2023","parent_close":67.08,"spinco_close":70.91,"spinco_share_pct":25.9},{"session_date":"2023-02-17","session_label":"February 17, 2023","parent_close":66.27,"spinco_close":73.17,"spinco_share_pct":26.7},{"session_date":"2023-02-21","session_label":"February 21, 2023","parent_close":65.65,"spinco_close":72.47,"spinco_share_pct":26.7},{"session_date":"2023-02-22","session_label":"February 22, 2023","parent_close":66.39,"spinco_close":71.94,"spinco_share_pct":26.3},{"session_date":"2023-02-23","session_label":"February 23, 2023","parent_close":66.19,"spinco_close":75.9,"spinco_share_pct":27.5},{"session_date":"2023-02-24","session_label":"February 24, 2023","parent_close":66.68,"spinco_close":75.01,"spinco_share_pct":27.1},{"session_date":"2023-02-27","session_label":"February 27, 2023","parent_close":66.91,"spinco_close":76.04,"spinco_share_pct":27.3},{"session_date":"2023-02-28","session_label":"February 28, 2023","parent_close":67.61,"spinco_close":76,"spinco_share_pct":27.1},{"session_date":"2023-03-01","session_label":"March 1, 2023","parent_close":67.15,"spinco_close":75.3,"spinco_share_pct":27},{"session_date":"2023-03-02","session_label":"March 2, 2023","parent_close":68.41,"spinco_close":75.04,"spinco_share_pct":26.6},{"session_date":"2023-03-03","session_label":"March 3, 2023","parent_close":68.94,"spinco_close":76.37,"spinco_share_pct":26.8},{"session_date":"2023-03-06","session_label":"March 6, 2023","parent_close":69.48,"spinco_close":76.68,"spinco_share_pct":26.7},{"session_date":"2023-03-07","session_label":"March 7, 2023","parent_close":68.95,"spinco_close":76.25,"spinco_share_pct":26.7},{"session_date":"2023-03-08","session_label":"March 8, 2023","parent_close":69.42,"spinco_close":76.63,"spinco_share_pct":26.7},{"session_date":"2023-03-09","session_label":"March 9, 2023","parent_close":73.07,"spinco_close":76.38,"spinco_share_pct":25.6},{"session_date":"2023-03-10","session_label":"March 10, 2023","parent_close":72.63,"spinco_close":74.97,"spinco_share_pct":25.4},{"session_date":"2023-03-13","session_label":"March 13, 2023","parent_close":71.01,"spinco_close":76.24,"spinco_share_pct":26.2},{"session_date":"2023-03-14","session_label":"March 14, 2023","parent_close":72.76,"spinco_close":77.14,"spinco_share_pct":25.9},{"session_date":"2023-03-15","session_label":"March 15, 2023","parent_close":71.64,"spinco_close":76.76,"spinco_share_pct":26.1},{"session_date":"2023-03-16","session_label":"March 16, 2023","parent_close":73.4,"spinco_close":76.62,"spinco_share_pct":25.6},{"session_date":"2023-03-17","session_label":"March 17, 2023","parent_close":72.06,"spinco_close":75.84,"spinco_share_pct":25.8},{"session_date":"2023-03-20","session_label":"March 20, 2023","parent_close":71.76,"spinco_close":75.2,"spinco_share_pct":25.7},{"session_date":"2023-03-21","session_label":"March 21, 2023","parent_close":73.57,"spinco_close":76.52,"spinco_share_pct":25.6},{"session_date":"2023-03-22","session_label":"March 22, 2023","parent_close":71.5,"spinco_close":74.77,"spinco_share_pct":25.7},{"session_date":"2023-03-23","session_label":"March 23, 2023","parent_close":73.1,"spinco_close":75.71,"spinco_share_pct":25.5},{"session_date":"2023-03-24","session_label":"March 24, 2023","parent_close":72.92,"spinco_close":76.46,"spinco_share_pct":25.7},{"session_date":"2023-03-27","session_label":"March 27, 2023","parent_close":74.47,"spinco_close":76.38,"spinco_share_pct":25.3},{"session_date":"2023-03-28","session_label":"March 28, 2023","parent_close":74.33,"spinco_close":76.9,"spinco_share_pct":25.5},{"session_date":"2023-03-29","session_label":"March 29, 2023","parent_close":75.07,"spinco_close":79.24,"spinco_share_pct":25.8},{"session_date":"2023-03-30","session_label":"March 30, 2023","parent_close":75.06,"spinco_close":82.14,"spinco_share_pct":26.5},{"session_date":"2023-03-31","session_label":"March 31, 2023","parent_close":76.3,"spinco_close":82.03,"spinco_share_pct":26.2}],"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(maxIf(toFloat64(close), ticker = 'GE'), 2)                           AS parent_close,\n    round(maxIf(toFloat64(close), ticker = 'GEHC'), 2)                         AS spinco_close,\n    round(100 * 33 * maxIf(toFloat64(close), ticker = 'GEHC')\n          / (100 * maxIf(toFloat64(close), ticker = 'GE')\n             + 33 * maxIf(toFloat64(close), ticker = 'GEHC')), 1)              AS spinco_share_pct\nFROM global_markets.stocks_daily_aggs\nWHERE ticker IN ('GE', 'GEHC')\n  AND date BETWEEN '2023-01-04' AND '2023-03-31'\nGROUP BY date\nHAVING countIf(ticker = 'GE') > 0 AND countIf(ticker = 'GEHC') > 0\nORDER BY date","computed_at":"2026-08-09T14:43:20.929075+00:00","elapsed":0.003684694}