what are 12/100 options?

Discussion in 'Options' started by IronFist, Mar 16, 2021.

  1. Most options say 100 next to them, meaning each option is 100 shares. I just saw some that said 12/100. What does that mean? Ticker WPG.
     
  2. WPG did a 1:9 stock split back in December. Any options that were active at that time will be adjusted for this and appear as an additional entry in the option chain.
     
    ET180 and Lou Friedman like this.
  3. Oh that makes sense.
     
  4. right