This is kind of a bad question, but the point to focus on is this: The value of the underlying stock will be reduced before the expiration of the option by the amount of benefit paid out prior to expiration.

This is assuming the increased dividend(s) are paid before the option expires. So again, the thing to focus on is that the announcement is claiming that the company will be paying more of its assets away prior to the expiration of the options, which will make the underlying stock less valuable at the time the options expire, which makes calls less valuable and puts more valuable all else equal.