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To: Ron Harvey who wrote (7893)9/2/1998 4:46:00 PM
From: Jeff W.  Respond to of 14266
 
<<Is there anyone else with post-split call options who also didn't know this>>

Ron-

I found out shortly after purchasing my first 30 contracts last Friday, and was none to pleased by the fact that I had actually invested 50% more than I had anticipated. By the time Monday rolled around, I was aware that my next purchase of 20 contracts (with 150 shares in each contract) were really the equivalent of 30 contracts (at the more typical 100 shares per contract), but was more than happy to be buying that many options at the ridiculous prices we saw.

Congrats to you. I hope I show the same fiscal responsibility on my December calls.

Jeff