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If an option expires after a stock split, what happens to the strike price and number of options after the split ?

If an august call option was purchased with a strike price of 30, and the stock splits july 30 (2:1) what happens ?

Is the strike price still 30 and only one option. Or, do you have 2 options at 15 ?
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If an august call option was purchased with a strike price of 30, and the stock splits july 30 (2:1)
what happens ?

Is the strike price still 30 and only one option. Or, do you have 2 options at 15 ?


Hey Bullseeker,

You would end up with 2 options at 15.

Fool on,

Warren
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