I bought FFIE Jan17'25 0.5 Calls on IBKR last August and haven't touched them. The underlying stock undergone reverse-split. As the stock is now rising I looked my account, but now I have FFIE*3* Jan17'25 0.5 Calls which seem to not be rising in value.
Please help me understand what can I do with those options. What would be the best scenario?
Bought long-term FFIE calls last year and forgot about them. Please help me understand something
byu/chrztph inoptions
Posted by chrztph
2 Comments
If they did a reverse split, the options would be adjusted. Check the OCC memos, you should find something about this.
also to consider that due to them being 2 years out basically, they will not raise in value as fast as the shorter dated options.