Consider an exchange traded call option with an underlying a…

Consider an exchange traded call option with an underlying asset of 100 shares of Boeing common stock and a strike price of $80 per share. Boeing announces a two-for-one stock split prior to the option expiration. After the stock split, how many shares of Boeing may be purchased from the writer if this call option is exercised?

Consider an exchange traded call option with an underlying a…

Consider an exchange traded call option with an underlying asset of 100 shares of Boeing common stock and a strike price of $80 per share. Boeing announces a two-for-one stock split prior to the option expiration. After the stock split, what is the new strike price on this contract?