GOOG post stock split call option query.


Hey guys!
I had a query about the 20:1 GOOG stock split that's going to happen on July 15th.

Could one of you please give me a basic idea of what would happen if I'm holding a $4000 GOOG August or September call option?
Does this automatically turn into an option that has 20×100 shares for a strike price of $200 ?
Thanks in advance.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *