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Your option will split in the same proportion as the underlying
security. For instance If you have a Jun MSFT 160 c and MSFT splits 2
for 1 you will have 2 Jun MSFT 80 c's after the split. You should have
received a little 80 page pamphlet from your broker when you opened your
option account Characteristics and Risks of Standardized Options. Also
go to the CBOE site. It's a good place to start with ?'s like that.
r
jawad wrote:
> What happens if you own an option and the underlying security splits?
> Thanks
> Jawad
> _________________________________________________________
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