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The contract is made whole so that you are neither negitively or positively affected. You can figure out the new strike price by multiplying the stated value by the split ratio:

100 shares becomes

$70 at 2 for 1 = 200 shares at $35 each

$150 at 3 for 2 = 150 shares at $50 each

The OCC can will calculate it for you when you decide to take the option.

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17y ago

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