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Strategies & Market Trends : Options
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To: ljbein who wrote (2120)2/3/2000 12:50:00 AM
From: RR  Read Replies (2) of 8096
 
Lorinda:

It may be that NTAP has split. For example, I recall in past years when CSCO split 3:2. After the split, the same option symbol would still be used but the contract represent 150 shares instead of 100. Then there would be a new additional symbol created but represent 100 shares. Both options, while different symbols, would be for the same strike price. Of course the price you pay for each would be different. I am not familiar with NTAP so can't say if that same situation happened as the CSCO example.

Rick
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