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Search options questions only not deleted user 86301

For questions related to the various forms of stock splits, reverse stock splits (share consolidations), etc.

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What happens to options held during a reverse stock split?

I held 1 put option for 100 shares of USO that expires on May 8. Yesterday, USO underwent an 8:1 reverse stock split. My options are now for USO1 instead of USO, but what does that mean? The strike p …
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