Tesla stock

[reddevil0728]

what happen to option contract when the they split

Split accordingly

 

[Nyan]

Will sell half when hit 1.9k to take profit first.

would you buy in again after selling half? lol hit 1.9k already. i got in at 1.46k but feel like buying more!!!

 

[zuoom]

How does it make any sense?

 

[Lycanboiboi]

Is today the last day to buy to be eligible for the stock split?

No. This coming friday, 21 aug.

 

[reddevil0728]

No. This coming friday, 21 aug.

That's the record date no? So must hold the shares by that date. and given settlement is T+2, means need to buy by 19, i.e. tomorrow?

 

[Lycanboiboi]

That's the record date no? So must hold the shares by that date. and given settlement is T+2, means need to buy by 19, i.e. tomorrow?

Yes 21 Aug is the record date. The extra 4 shares only distributed on 28 Aug.

 

[reddevil0728]

Yes 21 Aug is the record date. The extra 4 shares only distributed on 28 Aug.

you aren't answering the question if you actually re-read

 

[Lycanboiboi]

you aren't answering the question if you actually re-read

Oh i think i get it now. Answer is no, you don't need to "qualify" for the split or settle it by record date.

Doesn't matter who Tesla issues the +4 shares to. The purpose of the issuance is to just equal the number of outstanding shares in the market, post-split, 5:1.

There are 3 dates involved.

21 Aug - record date, not important. Tesla will just issue 4 extra shares in form of dividends to every shareholder, but is only "active" after market closes on 28 Aug.

28 Aug - split date. The +4 shares "activated". So total number of Tesla shares multiply by 5. Dollar value per share divide by 5.

31 Aug - TSLA shares trade on post-split prices.

So you only need to care if you have Tesla positions (long/short/options) in your account on split date, it's split by default 5:1.

Hope my explanation makes sense.

 

[adgjl321]

So does it actually make sense to buy the stock now or after 21 Aug (where it'll adjust for the split, or will it only 'adjust' after 28 Aug?)

 

[InterestingStuff]

So does it actually make sense to buy the stock now or after 21 Aug (where it'll adjust for the split, or will it only 'adjust' after 28 Aug?)

lol
long or short at your own risk

 

[wanker88]

That's the record date no? So must hold the shares by that date. and given settlement is T+2, means need to buy by 19, i.e. tomorrow?

Thanks. That’s my understanding too.

 

[wutawa]

Oh i think i get it now. Answer is no, you don't need to "qualify" for the split or settle it by record date.

Doesn't matter who Tesla issues the +4 shares to. The purpose of the issuance is to just equal the number of outstanding shares in the market, post-split, 5:1.

There are 3 dates involved.

21 Aug - record date, not important. Tesla will just issue 4 extra shares in form of dividends to every shareholder, but is only "active" after market closes on 28 Aug.

28 Aug - split date. The +4 shares "activated". So total number of Tesla shares multiply by 5. Dollar value per share divide by 5.

31 Aug - TSLA shares trade on post-split prices.

So you only need to care if you have Tesla positions (long/short/options) in your account on split date, it's split by default 5:1.

Hope my explanation makes sense.

This person knows his stuffs. Split share is unlike div and rights.

 

[Cowfarm]

With a PE of 849, are there investors in TSLA?
Or mostly traders?

 

[reddevil0728]

With a PE of 849, are there investors in TSLA?
Or mostly traders?

There are already talks of PE being meaningless for a company like Tesla.

 

[Phase 2 Baby]

Don't feed this troll.

By focusing on others, you are on the path of improvement. However, it cannot be more evident that your performance since the last few years is still mediocre, at the best case scenario.

I look forward to you providing “advice” and seeking tips till the next market cycle. You’re one of the best.

 

[Mecisteus]

By focusing on others, you are on the path of improvement. However, it cannot be more evident that your performance since the last few years is still mediocre, at the best case scenario.

I look forward to you providing “advice” and seeking tips till the next market cycle. You’re one of the best.

We look forward to your continued trolling.

 

[wanker88]

Oh i think i get it now. Answer is no, you don't need to "qualify" for the split or settle it by record date.

Doesn't matter who Tesla issues the +4 shares to. The purpose of the issuance is to just equal the number of outstanding shares in the market, post-split, 5:1.

There are 3 dates involved.

21 Aug - record date, not important. Tesla will just issue 4 extra shares in form of dividends to every shareholder, but is only "active" after market closes on 28 Aug.

28 Aug - split date. The +4 shares "activated". So total number of Tesla shares multiply by 5. Dollar value per share divide by 5.

31 Aug - TSLA shares trade on post-split prices.

So you only need to care if you have Tesla positions (long/short/options) in your account on split date, it's split by default 5:1.

Hope my explanation makes sense.

For those buying Tesla stock tonight, what will happen? Since you won’t be eligible for the splits?

 

[Phase 2 Baby]

Don't worry about not knowing the companies. 2 scenarios, I'm wrong, or I'm right.
If I'm wrong, and Tesla becomes much stronger in time to come, current positions will be liquidated in time to come.
If I'm right, and they do turn out to continue being stronger than Tesla, you'd know about them.

Did anyone buy an EV stock (not penny stock) that is up in excess of 30% (as of time of post) today?

<in long position>

 

[bakuten]

this actually should concern Tesla investors.
look at the amount of Form 4 filings since July

https://ir.tesla.com/sec-filings

 

[moolala]

this actually should concern Tesla investors.
look at the amount of Form 4 filings since July

https://ir.tesla.com/sec-filings

time to sell