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>> No.24757097 [View]
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24757097

What happens to calls when reverse split? Pic related and quote below - different answers.

"Reverse Splits
A reverse split also reverses the adjustment process. For example, if you buy a call option that controls 100 shares of XYZ with a strike price of $5. If XYZ announces a 1:5 stock split, the contract would now control 20 shares with a strike price of $25." - Investopedia

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