> How does reverse split affect options?

How does reverse split affect options?

Posted at: 2014-12-05 
Each option contract is for 100 shares before the reverse split. If the reverse split is 11 to 1, how will the fractional shares be treated?

Usually, fractional shares are converted to cash and returned to the investor.

Each option contract is for 100 shares before the reverse split. If the reverse split is 11 to 1, how will the fractional shares be treated?