SBGL short put optionNeed help; I wrote 5 contracts of the october 7.50 strike put for 2.65 premium. Can anyone help me understand how the current rights offer will affect my position. The stock price is down to 5.90 so I am out of the money. I could not understand the OCC 41188 memo which is supposed to explain how my cost base will be adjusted. Anyone with knowledge on this will be greatly appreciated..............thank you.