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Strategies & Market Trends : The Options Box

QQQ 614.27

+0.9%

Nov 26 4:00 PM EST

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To: waverider who wrote (525)	5/22/2000 12:09:00 PM
From: Jill	Read Replies (1) of 10876

That makes no sense at all. LEAPS split like the stock does, just asyou say. Did you notify them at the time of the split? Can you go over the #s again One 2001 LEAP at 80 strike price. Becomes 2 2001 LEAPS at 40 strike price Becomes 8 2001 LEAPS at 10 strike price That all makes sense. How can 1 LEAP become 800 $80 leaps. For each LEAP you bought, you should now be able to have 8 LEAPS, so 800 shares. Where does 800 LEAPS and 4000 shares come in????

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