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Technology Stocks : Walt Disney -- Ignore unavailable to you. Want to Upgrade?

To: gambler2 who wrote (794)	7/10/1998 10:02:00 AM
From: Gene Weisskopf	Read Replies (1) \| Respond to of 2222

Anyboy notice that Disney is down 73 points on SI's quotes? <GGG> gww

To: gambler2 who wrote (794)	7/10/1998 10:09:00 AM
From: Hugh W.	Read Replies (1) \| Respond to of 2222

The option split works this way. Say stock ticker symbol XYZ will do a A-B split. If you own X contracts of XYZ YYYY MM C call or put before stock split, what you get after split will be XA/B contracts of XYZ YYYY MMM CB/A call or put. where C is strick price, YYYY is year, and MM is month. Is this to hard to understand? Let me give you an example, say GE will going to do a 3-2 split. You have 10 GE 2001 JAN 90 calls. What you will get after split is 103/2=15 contracts of GE 2001 JAN 9020/30=60 calls.(15 contracts of GE 2001 JAN 60 calls) ------------ Hope this will help.