FAZ/FAS Options

Discussion in 'Options' started by JJacksET4, Jul 9, 2009.

  1. In case you didn't notice, today FAZ did a 10/1 reverse split and FAS did a 5/1 rev split. I have been predicting for a while they would do rev. splits.

    Anyways, Yahoo doesn't list any options for them now and I logged into my OptionsXpress account and to my surprise they don't even list any options. I am assuming (?) this will get fixed by tomorrow or so.

    I don't currently have any options on FAZ/FAS right now, but I will look into a certain strategy once I find the prices listed on FAZ/FAS options again.

  2. When I saw the 54 handle on FAZ this morning I thought, ok, either a reverse split or the banking system finally collapsed. :eek:

    You can see the 10/100 adjusted options here from CBOE: