XTO Energy

Discussion in 'Options' started by Bongo972, Feb 7, 2008.

  1. Bongo972


  2. XTO had a 5:4 split and the number of shares per adjusted contract was increased to 125.

    Standard 100 share contracts have a root symbol of XTO
    Adjusted XTO contracts have a root symbol of XTJ

    From your Yahoo link, XTO closed at $51.27 and an adj. Feb 45 call goes for $19.40

    That means if you buy that call, you'll get 125 shares at $45 for a total cost of $6,440 ($45 + $19.40)

    125 shares @ today's close is worth $6,409

    Doesn't look like such a good deal to me (g)
  3. Nanook


    See transaction dated 14-Dec-07:
  4. Bongo972


    What's that link mean in layman's terms.
  5. It means what spin said.
  6. Nanook


    Thanks, commiebat!

    Bongo972: Post from spindr0 + post from Nanook= ...
    ... oh, never mind!
  7. Bongo972


    I apologize for offending you guys. :D
  8. Nanook


    No offense taken...
    ...now go and offend no more.