Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Funny story, on 7/10/20 about two weeks before the split was announced I wrote $382.50 calls expiring the same day I wrote them. AAPL closed over that price, and the calls were exercised. Luckily I got back in on 7/14 when the stock pulled back a little. Man, that could have been a real blunder if my timing was a little worse!
My very confused mother called me this evening, trying to make sense of the AAPL split. She has challenges in general listening without her mind wandering, or interrupting and jumping to her next question, which can make conversations frustrating. I think (hope) I was able to help her understand there's no additional increase in total $$$ as a result of the stock split, but we'll see if I get another call asking. The good news is she has shares, she's not selling them, and stock has performed beautifully.
AAPL and TSLA should both continue moving upward after their splits. I'm not touching TSLA as I still think their stock price is a mirage, but I'm happy to pick up some AAPL at this level even though as you say, the actual value of the company hasn't changed.
Back in the green as of 3:15, nice come back Tim Apple.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
