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Option Trading 6 Options on ABC Corp. have a strike of K=$600 per share. Lori holds two contracts. If the stock splits 5-for-2, then starting

Option Trading 6

Options on ABC Corp. have a strike of K=$600 per share. Lori holds two contracts. If the stock splits 5-for-2, then starting on the ex-date Lori will have:

Please Choose One

  1. Two contracts for 250 shares each with K=$240.
  2. Two contracts for 40 shares each with K=$600.
  3. Five contracts for 100 shares each with K=$240.
  4. Five contracts for 100 shares each with K=$600.

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