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To: DownSouth who wrote (2816)3/23/2000 6:47:00 PM
From: Uncle Frank  Read Replies (1) | Respond to of 10934
 
>> how are LEAPS handled as a result of a split?

As opposed to a stock, the symbol for a post split LEAPS (or any post split derivative for that matter) changes. As an example, my 90 strike price January 2002 Cisco LEAPS (wivar) now become 45 strike price January 2002 LEAPS (wivai). Since Mr. Market is always fair <lol>, this transformation also includes a doubling the number of contracts that I hold. Check your account later tonight and you should find a corrected accounting from your broker.

uf