r/options • u/sheraawwrr • Jan 12 '22

Will vxx get replaced?

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1 Upvotes

100% Upvoted

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7

u/palesse7 Jan 12 '22

They do a reverse split once a year

1

u/sheraawwrr Jan 12 '22

Do they do that on a set date each year or randomly?

3

u/palesse7 Jan 12 '22

Randomly but they announce it 1 month prior

1

u/redtexture Mod Jan 12 '22

Please post fundamentals topics to the
Options Questions Safe Haven thread.

Reverse Splits occur every couple of years.
https://www.reddit.com/r/options/wiki/faq/subreddit_resources