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what happens to options with reverse split?
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May 5, 2009, 10:09 PM
gadget421
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Join Date: May 2009
Posts: 1
what happens to options with reverse split?
I have options with gm. My question is what happens with a stock reverse split 100 to 1?
10 contracts till jan 10?
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May 6, 2009, 08:33 AM
#2
ebaines
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Join Date: Apr 2007
Location: Illinois, US
Posts: 3,766
The number of options you own should be cut to 1/10 the number you started with, and the price per contract multiplied by 10.
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