Question
A trader sold 1 contract (100 shares) of exchange traded American Put options with Exercise price X = $20. There is a 2-for-1 stock split.
A trader sold 1 contract (100 shares) of exchange traded American Put options with Exercise price X = $20. There is a 2-for-1 stock split. Which of the following is the current position of the trader after the stock split? Group of answer choices
100 shares for X = $20
100 shares for X = $10
200 shares for X = $10
200 shares for X = $20
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Financial Markets And Institutions
Authors: Jeff Madura
8th Edition
0324568215, 978-0324568219
