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21 sats \ 4 replies \ @Zzzzzzzzzzzzzzzzzzzzzzzzz 22 Jul \ parent \ on: MicroStrategy Announces 10-for-1 Stock Split bitcoin
Gotcha gotcha idk I'm just not in favor of it but investors love it so good for them heard Warren buffets stock never split lol it's at 600k 🫠
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31 sats \ 0 replies \ @ZezzebbulTheMysterious 23 Jul
Yes -- but BRK-B Class B stock is at 435.98, and has an options market. BRK-A does not. https://finance.yahoo.com/quote/BRK-B/options/
You can buy fractional shares in most brokerage accounts now, but you cannot trade fractional options. The lower the unit price, the easier it is to trade options.
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0 sats \ 2 replies \ @Bell_curve 23 Jul
Are you worried about more price volatility because lower price shares attract more retail investors?
the main reason is cheaper options
I like playing with options but never with MSTR because cheapest option contract was 800 bucks or more
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21 sats \ 1 reply \ @ZezzebbulTheMysterious 23 Jul
Yes more volatility due to retail, no to worried!
I’ll buy more MSTR myself, and maybe play with the cheaper options too.
Saylor won’t stop.
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10 sats \ 0 replies \ @Bell_curve 23 Jul
I know you’re not worried
You must be excited as am I.
10 to 1 split means 179 dollar option contract lol
I am perplexed by our friend who still believes stock split means stock dilution
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