TSLA just announced a 5-1 stock split

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

 

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

 

and delta hedging becomes way less margin intensive

 

Market cap secured!

 

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

 

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

 

And hopefully tighter markets..

 

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

 

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.