please mr cook, can i have a dividend?, page-16

Hey sassy, thanks for the reply,

Using the example, I would have said both the option holders & the shareholders have gained 25 cents per share, rather than thinking about it in % terms. Because, theoretically, that option holder already has value of $2 for his $1 investment, therefore he too only gains an additional 25 cents on his value?

Sure, look forward to hearing thoughts from the others, never really thought about benefit too option holders vs shareholders.