What happens to a stock's option after the stock splits?
I bought the a call option of the stock China Life Insurance (LFC). The stock went through a split but the call option still has a call according to its previous price. And the symbol of the call changed from LFC to TRL. Whats going on?
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Answer by firerookie
When a stock splits, its a really good thing. Where you have purchased one stock, you now have two. When you cash out your return, you'll make double because you are now cashing out two stocks instead of one. Not bad!
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