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Question about UCO Option after reverse split
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Ok I’ll try to be brief
Bought a UCO $2 call that expires 1/21/22
It did some sort of reverse split or something. Idk. But basically the value of the option crashed to $1. I obviously wasn’t selling at that point.
Oil has done well and now I’m actually up like $30 (option valued at $130). My question is how much will the stocks cost me IF i decided to exercise the option because right now the UCO1 shares are going for like $80.
Thanks
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