Replies to post #252 on Direxion 3X Russell Funds (TNA)

[dalcindo]

I thought I should place some for the long haul ... going into winter :-)

D.

[leemalone2k3]

I got question.
I havent played any Reverse Splits on options. So if you own these options pre split, will they be reduced by factors of 10? How are contracts that are not multiples of 10 handled? If you own 33 contracts. What happens to the fractional contracts?