TSLA just announced a 5-1 stock split

[derektrader]

TSLA will probably go up on this. TSLA is up almost 1200 points in 5 months. Thats insane.

 

[Amun Ra]

Well...the good news is cheaper option prices.

 

[Atikon]

Well...the good news is cheaper option prices.

and delta hedging becomes way less margin intensive

 

[deltastrike]

Market cap secured!

 

[Overnight]

TSLA will probably go up on this. TSLA is up almost 1200 points in 5 months. Thats insane.

It's up about 6% so far after hours.

 

[Metamega]

The key to success is to have your CEO state share price is too high, everyone just says “hold my beer”.

 

[taowave]

And hopefully tighter markets..

and delta hedging becomes way less margin intensive

 

[S2007S]

Too funny to see how a stock split justifies a 6% jump in the stock price.

 

[Overnight]

Too funny to see how a stock split justifies a 6% jump in the stock price.

Didn't the same thing happen with AAPL?

 

[S2007S]

Didn't the same thing happen with AAPL?

I would say about $25 of the apple gain the night they announced had to do with their 4 for 1 split. The stock would still be lower 400s if they hadn't mentioned a split.