Ken - I believe this operation will be a success and I've bought a lot of 2-3 month call options to AMC shares. I'd appreciate it if you take guys like me into consideration when setting the expiration date for the AMC to VMC share swap deadline.
We need to make sure there is a way to make Surprise (and any others in this position) whole.
The first Google hit I found for what happens to an option following a stock split, is here:
http://www.investopedia.com/ask/answers/03/092103.aspThe answer might help us figure out a solution.