How long does it take to establish new strikes / prices after a reverse split?

Discussion in 'Options' started by dcwriter2, Nov 23, 2019.

  1. I'm looking at GUSH. The stock price of 25 or so reflects that reverse split, but the options are still trading at price and strikes that can not be reflective of the GUSH as it trades today at 25, or else we would have strikes from 10 to 20 on the LEAPS. When does this change?
     
  2. qwerty11

    qwerty11

    1 trading day from first trading day of new ETF, so monday they are there for you to write...

    (BTW the old options are not really "trading" anymore, they are close only)