According to Bybit's announcement, the platform will adjust the SNDKUSDT perpetual contract and related SNDK perpetual options at 06:00 UTC on November 20, 2026, to accommodate Sandisk's 8-for-1 stock split. Trading will be suspended during this period and is expected to resume between 09:00 and 14:30 UTC on the same day.
For the perpetual contract, the mark price will be divided by 8, and the position size will be multiplied by 8. Existing positions will be settled at the mark price at the time of suspension, and eligible remaining quantities will be re-opened based on the adjusted mark price, rather than simply dividing the original entry price by 8. For perpetual options, option prices and strike prices will be divided by 8, quantities will be multiplied by 8, and the expiration date will remain unchanged. All related pending orders will be automatically cancelled and will not be reinstated.
Bybit to Adjust SNDK Perpetual and Perpetual Options on Nov 20 in Conjunction with 8-for-1 Stock Split
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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