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Now when ever I see a price I sold some shares at, I think they would be worth 5 times more now. At the same time, I can't complain about the value of the vast majority of the shares I have held. I wonder what the lesson is here hmm ...
Merrill sent the note out saying options won't be quoted or tradeable online till tomorrow on their platform, but could be phoned in.
I'm a little surprised that brokers are having such a hard time with the 2 splits today. It's not like this is the first time stocks splits... It's not that uncommon.
Edit: I should add that while they got all my shares and total price correct as of this morning, my Unrealized gains are completely wrong. Don't know when they'll fix that...
Might want to rethink that. Fidelity popups just informed me that $TSLA crossed below its 20, 50 and 200 day moving average! YIKES! Anyone concerned? Time to sell???
Do you all have all your shares in your account? Consors (a German broker) will not give the split shares for a full 3(!) days only giving them out on 2-Sept since they claim they didn't get the additional shares yet:
I find this a bit suspicious - that's why there was a date a full week ahead of the split for everyone to get their records in order. Does everyone else have their full shares?
I'm a little surprised that brokers are having such a hard time with the 2 splits today. It's not like this is the first time stocks splits... It's not that uncommon.
My Robinhood account is showing my returns for today is -5.3 million dollars..lololol. I think Tesla just trolled the entire market by splitting on the day apple is.
They should certainly be able to provide the Friday closing prices and divide them by five. Then they would be able to provide me with an accurate value of my holdings. I'm not expecting them to tell me what price the options will start trading at on Monday, as that's beyond anybody's ability.
That doesn't work for options. For example on my one of my options the gain went from ~600% to ~30,000%. (Which was 50x.) So dividing by 5 still wouldn't give you accurate numbers.