Apple IncShort
TSLA Five-For-One Stock Split/ (AAPL) Four-For-One Stock Split
Information on Apple and Tesla’s stock split
Apple has announced a four-for-one stock split, and Tesla has announced a five-for-one stock split. The stock split ex-date for both Apple (AAPL) and Tesla (TSLA) is Monday, August 31, 2020.
If you already have a stock position:
On the morning of the ex-date, you will see four times the number of Apple shares you had on the previous night. The opening price will be one-fourth less, and subject to market fluctuation after opening.
If you have an open options position:
On the morning of the ex-date, you will see four times the number of Apple options you had on the previous night. The strike price will be one-fourth less.
For Tesla, Inc. (TSLA) five-for-one stock split
If you already have a stock position:
On the morning of the ex-date, you will see five times the number of Tesla shares you had on the previous night. The opening price will be one-fifth less, and subject to market fluctuation after opening.
If you have an open options position:
On the morning of the ex-date, you will see five times the number of Tesla options you had on the previous night. The strike price will be one-fifth less.
If you trade Apple or Tesla pre-split:
If you buy AAPL or TSLA stock or open AAPL or TSLA options positions up to and including August 28, 2020, you are trading pre-split shares and options. You will have the same results as above.
If you sell AAPL or TSLA stock or close AAPL or TSLA options positions on or before August 28, 2020, you are closing pre-split positions. You will not receive any new shares or options as a result of the stock split.
If you trade Apple or Tesla post-split:
If you trade AAPL and/or TSLA stock or options on or after August 31, 2020, you are trading post-split. The share you are trading have already been adjusted for the split.
How will the Apple and Tesla stock splits affect open orders?
Open stock orders of 100 shares or greater
Open buy orders of 100 shares or greater will be adjusted on the morning of the ex-date, August 31, 2020. For example, a stock order of 100 shares of Apple (AAPL) before the ex-date will be adjusted to 400 shares of AAPL on the morning of August 31. A stock order of 100 shares of Tesla (TSLA) before the ex-date will be adjusted to 500 shares of TSLA on the morning of August 31.
In the case of limit orders to buy, stop orders to sell, and stop limit orders to sell, any order entered prior to market close on August 28, 2020 will be adjusted for ex-date after the market closes on August 28, 2020.
Limit orders to sell, stop orders to buy, and stop limit orders to buy will not be adjusted, but will now be significantly away from the market price.
The price will also be adjusted in conjunction with the split terms unless entered as a Do Not Increase order.
Open stock orders of 99 shares or fewer
Limit orders to buy, stop orders to sell, and stop limit orders to sell that are entered prior to market close on August 28, 2020 will be canceled for ex-date after the market closes on August 28, 2020.
Limit orders to sell, stop orders to buy, and stop limit orders to buy will not be canceled.
Please note: Stock orders entered after market close on August 28, 2020 will not be adjusted or canceled. Some stock orders may be rejected for aggressive pricing or invalid stop price on ex-date August 31, 2020, before the market opens.
Open advanced stock orders will be canceled before the ex-date, by Saturday August 29, 2020.
Options orders
Open options orders will be canceled before market open on Monday August 31, 2020.
TITLE/(DATE)- SELL LIMIT TSLA
ASSET- TSLA
PLATFORM- MT4
ORDER TYPE- SELL LIMIT
Time Frame- 1D
ENTRY PRICE 1- $2360.00(Pending)
ENTRY 2- $2,418 (pending)
STOP LOSS- $2,460 (1000 PIPS)
TAKE PROFIT 1- $1860.00 (5,0000 PIPs)
TAKE PROFIT 2- $1360.00 (10,000 PIPs)
TAKE PROFIT 3- $860.00 (15,000 PIPs)
TAKE PROFIT 4- $418.00(19,942 PIPS)
STATUS🚨 PENDING🚨
TITLE/(DATE)- SELL LIMIT APPLE
ASSET- APPL
PLATFORM- MT4
ORDER TYPE- SELL LIMIT
Time Frame- 1D
ENTRY PRICE 1- $504.00(Pending)
ENTRY 2- $524.00 (pending)
STOP LOSS- $544.00 (400 PIPS)
TAKE PROFIT 1- $404.00 (1,0000 PIPs)
TAKE PROFIT 2- $304.00 (2,000 PIPs)
TAKE PROFIT 3- $204.00 (3,000 PIPs)
TAKE PROFIT 4- $140.00(3,600 PIPS)
STATUS🚨 PENDING🚨
Apple has announced a four-for-one stock split, and Tesla has announced a five-for-one stock split. The stock split ex-date for both Apple (AAPL) and Tesla (TSLA) is Monday, August 31, 2020.
If you already have a stock position:
On the morning of the ex-date, you will see four times the number of Apple shares you had on the previous night. The opening price will be one-fourth less, and subject to market fluctuation after opening.
If you have an open options position:
On the morning of the ex-date, you will see four times the number of Apple options you had on the previous night. The strike price will be one-fourth less.
For Tesla, Inc. (TSLA) five-for-one stock split
If you already have a stock position:
On the morning of the ex-date, you will see five times the number of Tesla shares you had on the previous night. The opening price will be one-fifth less, and subject to market fluctuation after opening.
If you have an open options position:
On the morning of the ex-date, you will see five times the number of Tesla options you had on the previous night. The strike price will be one-fifth less.
If you trade Apple or Tesla pre-split:
If you buy AAPL or TSLA stock or open AAPL or TSLA options positions up to and including August 28, 2020, you are trading pre-split shares and options. You will have the same results as above.
If you sell AAPL or TSLA stock or close AAPL or TSLA options positions on or before August 28, 2020, you are closing pre-split positions. You will not receive any new shares or options as a result of the stock split.
If you trade Apple or Tesla post-split:
If you trade AAPL and/or TSLA stock or options on or after August 31, 2020, you are trading post-split. The share you are trading have already been adjusted for the split.
How will the Apple and Tesla stock splits affect open orders?
Open stock orders of 100 shares or greater
Open buy orders of 100 shares or greater will be adjusted on the morning of the ex-date, August 31, 2020. For example, a stock order of 100 shares of Apple (AAPL) before the ex-date will be adjusted to 400 shares of AAPL on the morning of August 31. A stock order of 100 shares of Tesla (TSLA) before the ex-date will be adjusted to 500 shares of TSLA on the morning of August 31.
In the case of limit orders to buy, stop orders to sell, and stop limit orders to sell, any order entered prior to market close on August 28, 2020 will be adjusted for ex-date after the market closes on August 28, 2020.
Limit orders to sell, stop orders to buy, and stop limit orders to buy will not be adjusted, but will now be significantly away from the market price.
The price will also be adjusted in conjunction with the split terms unless entered as a Do Not Increase order.
Open stock orders of 99 shares or fewer
Limit orders to buy, stop orders to sell, and stop limit orders to sell that are entered prior to market close on August 28, 2020 will be canceled for ex-date after the market closes on August 28, 2020.
Limit orders to sell, stop orders to buy, and stop limit orders to buy will not be canceled.
Please note: Stock orders entered after market close on August 28, 2020 will not be adjusted or canceled. Some stock orders may be rejected for aggressive pricing or invalid stop price on ex-date August 31, 2020, before the market opens.
Open advanced stock orders will be canceled before the ex-date, by Saturday August 29, 2020.
Options orders
Open options orders will be canceled before market open on Monday August 31, 2020.
TITLE/(DATE)- SELL LIMIT TSLA
ASSET- TSLA
PLATFORM- MT4
ORDER TYPE- SELL LIMIT
Time Frame- 1D
ENTRY PRICE 1- $2360.00(Pending)
ENTRY 2- $2,418 (pending)
STOP LOSS- $2,460 (1000 PIPS)
TAKE PROFIT 1- $1860.00 (5,0000 PIPs)
TAKE PROFIT 2- $1360.00 (10,000 PIPs)
TAKE PROFIT 3- $860.00 (15,000 PIPs)
TAKE PROFIT 4- $418.00(19,942 PIPS)
STATUS🚨 PENDING🚨
TITLE/(DATE)- SELL LIMIT APPLE
ASSET- APPL
PLATFORM- MT4
ORDER TYPE- SELL LIMIT
Time Frame- 1D
ENTRY PRICE 1- $504.00(Pending)
ENTRY 2- $524.00 (pending)
STOP LOSS- $544.00 (400 PIPS)
TAKE PROFIT 1- $404.00 (1,0000 PIPs)
TAKE PROFIT 2- $304.00 (2,000 PIPs)
TAKE PROFIT 3- $204.00 (3,000 PIPs)
TAKE PROFIT 4- $140.00(3,600 PIPS)
STATUS🚨 PENDING🚨
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