XTO Energy

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

  1. Bongo972

    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

    Nanook

    See transaction dated 14-Dec-07:
    http://finance.yahoo.com/q/hp?s=XTO
     
  4. Bongo972

    Bongo972

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

    Nanook

    Thanks, commiebat!

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

    Bongo972

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

    Nanook

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