by Anura Guruge
on April 19, 204
I am an Options TRADER, but a stock INVESTOR.
Huge difference. I don’t trade stock. I buy and hold … & hold … & hold.
I am very selective about what stock I buy. I have a theme. Yes, it is MAINLY TECH (and SEMIs within that).
Yes, it is POSSIBLE that ALL of TECH could go down another 20% in the next month. I appreciate that. That is OK with I. SMILE.
I know that they will ALL be up 20% in a year. SMILE. If, not … then in two years. Joys of long term investing.
by Anura Guruge
on July 18, 2022
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I was not surprised since this was also what happened post AMZN split in June — option trading had to wait until Tuesday. So, ditto GOOG. I had told you that this will most likely be the case. Anywho, the options are now repriced, if not activates. You can see they grayed out. They look good. I can’t wait.
I already trade AMZN, TSLA, NVDA, ROKU, AAPL, NIO, JD, PLUG etc. etc. options. Now I can add GOOG to this august list. SMILE. My addiction. Option trading makes me happy.
So, here is to tomorrow. Let GOOG, post-split, option trading begin. Enjoy.
by Anura Guruge
on May 22, 2022
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There is NO ‘ex-dividend’ (or ‘ex-split’) date
for stock splits.
Let me say that AGAIN. There is NO ‘ex-split’ date for stock splits.
Do you want me to repeat it AGAIN, or has it sunk in? (I sure hope so.)
Yes, Amazon, brokerages & the media will talk about the ex-dividend (or ex-split) date — which is likely to be May 27, 2022.
That date is MEANINGLESS.
You can CONTINUE buying Amazon shares, & GET THE 20-to-1 stock split, till 4pm on May 3, 2022.
Trust me on this. I have played this game, very successfully, with TSLA in 2020. See below.
Call your brokerage and ask them.
They will confirm.
You just can’t have an ex-split date with a stock-split. Why? Because folks can’t end up owning unsplit shares.
Any AMZN shares you own on June 3, 2022 have to split. Doesn’t matter if you bought them that morning.
Think about it.
SMILE.
I am trying to help you make some money.
May 27: If the vote goes through, that Friday, May 27, will be the NOMINAL EX-DIVIDEND (i.e., EX-SPLIT) date. It means diddly. Repeat. It means DIDDLY.
But, brokerages will claim that you need to own AMZN on May 27 in order to get the SPLIT. That is garbage. If you buy AMZN on June 1 what are the brokerages (& for that matter Amazon) going to do? Tell you own a special class of OLD, unsplit shares!
There is NO EX-SPLIT DAY. You can continue buying AMZN till the actual SPLIT DATE.
June 3: AMZN will split, 20-to-1, AFTER trading on this Friday. You will see the SPLIT shares on Saturday June 4.
by Anura Guruge
on May 19, 2022
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Amazon 2022 stock-split dates for comparison.
June 1: The Google 2022 Annual Meeting where the VOTE the 20-to-1 stock split will be held.
Everyone is ASSUMING that this will go through. [Though I do own GOOG shares (and have for many years), I don’t own enough to bother voting. NOT SO when it comes to Amazon. Yes, I own much more AMZN than I do GOOG. SMILE.]
With the share price now hovering around $2,000 — over $800 down from when the split was announced — there is a (small) possibility that the vote might not go through! But, if that happens the stock price will now go down a further $250. So, I am fairly sure the 20-to-1 split will go through.
July: If the vote goes through, Friday, July 1, will be the NOMINAL EX-DIVIDEND (i.e., EX-SPLIT) date. It means diddly. Repeat. It means DIDDLY.
But, brokerages will claim that you need to own GOOG on July 1 in order to get the SPLIT. That is garbage. If you buy GOOG on July 3 what are the brokerages (& for that matter Google) going to do? Tell you own a special class of OLD, unsplit shares!
There is NO EX-SPLIT DAY. You can continue buying GOOG till the actual SPLIT DATE.
July 15: GOOG will split, 20-to-1, AFTER trading on this Friday. You will see the SPLIT shares on Saturday July 16.
July 18: The NEW split shares will start trading.
Got that. All depends on the vote going through.
They MIGHT delay these dates by a week or more. They have to happen on a Friday.
There is NO EX-SPLIT day — until the day the split happens. SMILE. [I have exploited this, & might do so again. Did so with TSLA. Bought AFTER the EX-SPLIT date when the prices dropped. SMILE.]
The Amazon (AMZN) 2022 stock split is taking place on a much more expedited (aggressive basis).
Google announced their 20-to-1 split in February 2022 — nearly a month ahead of Amazon. However, Amazon’s split will take place earlier.
You can also see that Amazon’s split is scheduled to take place RIGHT after the Annual Meeting. I will confess I was surprised to see that. Yes, it is all electronic now. So, it can be done quickly.
On the other hand Google is waiting a month after the Annual Meeting for the split. Yes, that will give time for folks to go ‘crazy’ about the stock.
But, now you have the dates & both calendars — for AMZN & GOOG.
by Anura Guruge
on May 19, 2022
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May 25: The Amazon 2022 Annual Meeting where the VOTE the 20-to-1 stock split will be held.
Everyone is ASSUMING that this will go through. I have already voted ‘YES’. (SMILE).
With the share price now hovering around $2,000 — over $1,300 down from when the split was announced — there is a (small) possibility that the vote might not go through! But, if that happens the stock price will now go down a further $300. So, I am fairly sure the 20-to-1 split will go through.
May 27: If the vote goes through, that Friday, May 27, will be the NOMINAL EX-DIVIDEND (i.e., EX-SPLIT) date. It means diddly. Repeat. It means DIDDLY.
But, brokerages will claim that you need to own AMZN on May 27 in order to get the SPLIT. That is garbage. If you buy AMZN on June 1 what are the brokerages (& for that matter Amazon) going to do? Tell you own a special class of OLD, unsplit shares!
There is NO EX-SPLIT DAY. You can continue buying AMZN till the actual SPLIT DATE.
June 3: AMZN will split, 20-to-1, AFTER trading on this Friday. You will see the SPLIT shares on Saturday June 4.
June 6: The NEW split shares will start trading.
Got that. All depends on the vote going through.
They MIGHT delay these dates by a week or more. They have to happen on a Friday.
There is NO EX-SPLIT day — until the day the split happens. SMILE. [I have exploited this, & might do so again. Did so with TSLA. Bought AFTER the EX-SPLIT date when the prices dropped. SMILE.]
by Anura Guruge
on April 30, 2022
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Alas, we are NOT huge (and as such, major) Amazon shareholders. And it this case I am not using the Royal ‘we’. I & my youngest kids (at my behest) own Amazon stock — and have done so for many years. Between us we own a ‘few’ — alas, not millions or even thousands, but more than ‘xxx’ (& that is as specific as I will ever be in public).
So, we voted today for the 20-to-1 split. Given my 20 years of active investing, I am a past master of stock splits. I have gone through them all, both normal splits & reverse splits. I understand how they work better than some & I even have some secrets I no longer readily share as to how to make the most PRIOR to a split.
The BIG THING to I is the ADDITIONAL option trading. Many of you regulars know that option trading is one of my few addictions. A 20-to-1 split INCREASES my option trading scope 20-fold! If I own ‘xxx’ shares, I have the ability to trade ‘x’ options given that (‘proper’) option trading has to be done in terms of 100 share blocks. So, owning ‘xxx’ shares give you the chance to sell/buy ‘x’ options.
But then you get a 20-to-1 stock split. Now, rather than owning ‘xxx’ shares, I will own 20 times more. That means I can now play around with 20x options! WOW. That is exciting. So, much scope.
Yes, we also own GOOG & TSLA — though not as much as we own AMZN. So, this Summer is going to be like an early Christmas for I. WOW. SMILE. Actually GRIN. GRIN. GRIN.