I have some January PUTS 2014 for 350 strike. HOW does that work out if they have the split?
It's simple --- you are going to lose all your money cause AAPL isn't going to go there. So you will have an option to sell twice as many shares for 175 and that just isn't going to happen. Seems like you are in over your head.
350? I would close that position ASAP.
If there is a stock split, your 350 PUTS will likely expire worthless. Sure you'll get twice as many options but it won't be at half the price because stock prices tend to go up after a split.
Options police confiscate your options.
If you don't even know this, why are you messing with options?
options split proportionate to the stock. If there's a 2 for 1, you'll get twice as many options at half the price.
thank you. for telling me. I think its a kind of out there for this to see $350 but with all the competition in the mobile space and lack of new products I maybe right and the stock will fall.