Direxion Daily Mid Cap Bear 3X Shares. BULL 3X SHARES - REVERSE SPLIT OPTION SYMBOL: GUSH NEW SYMBOL: GUSH2 DATE: 3/24/20. Bull 3X Shares (GUSH) has announced a 1-for-40 reverse stock split. 25490K216. Direxion Daily S&P Oil & Gas Exp. The value of your holding remains the same: 200 x $5 = $1000 It announced its own 1:8 reverse split in order to stay afloat. View the basic GUSH option chain and compare options of Direxion Daily S&P Oil & Gas Ex …

& PROD. A reverse split also reverses the adjustment process. As a result of the reverse stock split, each GUSH ETF will be converted into the right to receive 0.025 (New) Direxion Daily S&P Oil & Gas Exp. & Prod. Well, the United States Oil Fund (USO) is at it again today.

See Direxion Daily S&P Oil & Gas Exp. 100% Upvoted. comment.

NEW YORK, March 10, 2020 /PRNewswire/ -- Direxion has announced it will execute a reverse split of the issued and outstanding shares of the Direxion Daily Natural Gas Related Bull 3X Shares (GASL), Direxion Daily S&P Oil & Gas Exp.
Yet the ultra volatility ETF's reverse split is more surprising. GUSH's 6th split took place on March 24, 2020. For example, a 100 share position pre-split, became a 10 share position following the split. View GUSH's stock price, price target, dividend, earnings, forecast, insider trades, and news at MarketBeat.

Can someone break down what this would mean for option calls come March 23rd?

A reverse split results in the reduction of outstanding shares and an increase in the price of the underlying security. NEW YORK, March 10, 2020 /PRNewswire/ -- Direxion has announced it will execute a reverse split of the issued and outstanding shares of the Direxion Daily Natural Gas …

Free ratings, analyses, holdings, benchmarks, quotes, and news.

& Prod. I was taking a look at leaps on GUSH. A 1-for-4 reverse split will be sufficient to get the share price a lot closer to where it was before the February drop. This was a 1 for 10 reverse split, meaning for each 10 shares of GUSH owned pre-split, the shareholder now owned 1 share. Direxion Daily S&P 500 ® Bear 1X Shares. The holder of an option contract will have the same number of contracts with an increase in strike price based on the reverse split value. & Prod.

50%.

Includes date and ratio.

It is a reduction in the number of a corporation’s outstanding shares and a corresponding increase in the value of those shares.

Approximate decrease in total number of outstanding shares.

The option contract will now represent a reduced number of shares based on the reverse stock split value. best. For example, if you buy a call option that controls 100 shares of XYZ with a strike price of $5. They are due for a reverse-split and I think it caused them to be marked as a Non-Standard option on ToS. Analyzing Direxion Daily S&P Oil & Gas Exp. 1 for 5. 25460E869. Approximate decrease in total number of outstanding shares. The underlying stock value went up 40x, and then has increased quite a bit over the last two days.

Learn everything about Direxion Daily S&P Oil & Gas Exp.

For example, if you own 200 shares of company XYZ @ $5 per share, a 1-for2 reverse stock split would result in your owning 100 shares @ $10 per share. save hide report. Bull 3x Shares ETF (GUSH) history of stock splits. GUSH2 - post reverse split options value.

no comments yet. Reverse Split Ratio. Fund Name.
& Prod.

Bull 2x Shares (NYSEARCA:GUSH) stock? Direxion …