New answers tagged

1

Apple is splitting 4 to 1. If I pay $450 or so per share, I get one share pre-split, 4 post. If I pay about $112, I’m buying a single post-split share. There’s no selling my share for $450 but still getting the 3 new split shares.


0

Let's start simple. Suppose you are just day trading 100 shares. Buy 100, sell 100, buy 100, etc. and you hold no other positions in your account. To incur a wash sale, you have to buy replacement shares within the 60 day window surrounding the date of the realized loss (30 days before or 30 days after). With a wash sale, the realized loss must be ...


4

The split pay date is August 28, and the split execution date is August 31. On the split execution date, short sellers owe 5 shares instead of 1 share. could short-sellers in theory, borrow one share and sell it between Aug 22nd-Aug 28th inclusive at $1500 then buy the one share back on Aug 31st for $300? No. You could short 1 share before the execution ...


2

From Stock Splits: A Closer Look At Its Effects: On the surface, a stock split might seem like a stroke of great luck for the short-seller. If you’ve sold 200 XYZ shares at $100 each, you can now acquire them at just $50, right? Unfortunately for short-sellers, it’s not that simple. The brokerage will adjust your order so that you’ll owe twice as many ...


0

If A owns 90% of B's voting shares, it controls B. The remaining 10% is the minority interest. Minority interest does not apply if A owns 100% of B.


17

This is trickier than it might seem. There are a few issues: access, data completeness, and cross-listings vs depository receipts. Access The first difficulty is access to this information. You can try searching at various websites or via Google; however, some of the information is... well, not right. Your best bet is buying data from a company like ...


3

Stock Tickers Stock tickers exist on most stock exchanges and are unique to an exchange or country. In the Americas, Oceania, and Europe, tickers are Roman characters like "IBM". In much of Asia, tickers are numbers like "6758" (Sony) in Japan; exceptions include the NSE in India and the Colombo Exchange in Sri Lanka which use Roman ...


0

WKN is "Wertpapierkennnummer" (or simply Wert) a 6-character code that used to be used in Germany. It has been replaced by / embedded in the international ISIN: for German stocks, the 6th through 11th characters of the ISIN are the old WKN.


0

I just noticed this question. Shares have been reduced since most answer here. Today there are 4.28B shares, but a 4 to 1 split is coming, so it will soon be 17.12B . And a market cap approaching $2T. Note: 1 share would then be 1/171.2M % = 0.00000000584112%


1

It has been a really long time since I've dealt with warrants. I did a lot of IPO's in the late 90's that were a combination of common and one or more warrants - so take this with a grain of salt. There are some rounding errors in your calculations. And the $32 and $30 cost per share of the common is confusing - it throws the comparison off. I'm going to ...


2

Usually, comparing "forward" "earnings per share" with "diluted earnings per share" should give you an idea as to whether a change in number of shareholders may influence the value of your shares. There are different reasons for the number of shares to go up (or down). As Flux commented, depending on why the number of shares ...


0

Order book can be useful. Order book data can reveal depth as well as pre-market information. Is this different from "Level 2" data? Yes: Level 2 usually covers Nasdaq-listed stocks only, only shows the best price for each investor, and does not show pre-auction data. Using the Order Book to Gauge Depth Order book data can reveal the depth of ...


-1

You provided no specific information so I can only guess what might have happened. It's possible that you received a special dividend and a regular dividend. Regularly scheduled dividends are considered to be earnings distributions and therefore taxable as ordinary income. Whether a special dividend is taxable or not depends on how the company classifies ...


0

If there is a corporate restructuring, the old shares will be gone. The new shares will continue to trade on the exchange where they are currently listed if the company meets listing requirements or they may be delisted and will head for the Pink Sheets. If the company is able to remain listed on the current exchange, its symbol will likely remain the same ...


0

From the document you linked All Existing Interests shall be canceled on the Effective Date and Reorganized Whiting Parent shall issue the New Common Stock, the New Warrants-A, and the New Warrants-B to Holders of Claims and Interests entitled to receive the New Common Stock, the New Warrants-A, and the New Warrants-B, as applicable, pursuant to the Plan in ...


0

If you buy from a market maker and they do not have the shares in their inventory, the volume will increase by a multiple of your trade size. These examples provided by Nasdaq illustrate this and how volume gets counted.


2

Stock tickers are a US identification. Germany uses ISIN or WKN, although the latter is obsolete. The rest of the world uses also whatever it likes, some (many) support and/or use ISIN, but in the day-to-day activity in their local stock exchanges, the often use what they always used - whatever the local method was. There is unfortunately nothing ...


0

Suppose there are 4 entities involved in a transaction: me, my broker, dealer A, and dealer B. That is a wrong assumption. The BROKER is not involved in the transaction - it is merely handling the paperwork and holding the shares in your name. The transaction is between you and the other side, totalling 100 shares. Why do you assume 2 dealers? EVERY ...


2

In modern stock exchange there is no dealer A and B. You place your order via broker and it matches to the order placed by other parties via their broker. So there is a single transaction of 100 shares


0

BMY.RT is an exchange traded right and it can be sold at any time.


1

​ Occidental Petroleum Corporation issued warrants to common stock owners on June 6th. There was a distribution of 1/8th of a warrant for every share of common stock owned (exercisable from August 3, 2020 through August 3, 2027). No fractional warrants were issued. You own 61 shares so you are entitled to 7 warrants (the integer value of 61 divided by 8). ...


12

Your confusion appears to be due to a poor summary in the CNBC article. Where they had: The shares will be distributed to shareholders at the close of business on August 24, and trading will begin on a split-adjusted basis on August 31. The actual Apple announcement linked in that article contains: The Board of Directors has also approved a four-for-one ...


5

When will the new shares from the split be credited to my brokerage account? When will the new stock price be reflected? Let’s assume that as of the Record Date (August 24, 2020) an investor owns 100 shares of Apple common stock and that the market price of Apple stock is $400 per share, so that the investment in Apple is worth $40,000. Let’s also assume ...


0

There are several effects from a traditional stock split: A stock split increases the number of shares in circulation thereby increasing liquidity which facilitates more trading which in turn tends to narrow the bid-ask spread. Higher liquidity may also attract traders which may increase volatility. Reduced share price also attracts new investors who might ...


5

Stock splits are generally automatically handled by stock markets, brokerages, and online tools. (I've never had to handle one manually.) So the data in Yahoo Finance will automatically be adjusted. But if your Yahoo Portfolio is just a tracking log that you entered your own data into (that is, if it is not synced to a brokerage account), you'll probably ...


3

Day trading is the buying and selling a financial instrument within a single trading day. Based on that definition, there should be no confusion. Trades 1 and 2 are day trades and trades 3, 4 and 5 are not. The Pattern Day Trader rule allows 3 day trades in a rolling five business day period in a margin account, provided the number of day trades are more ...


1

If the price of the contracts rise, it's a "paper loss", meaning a position you hold has incurred a loss, but it isn't locked in unless you make a transaction. If you were to close the position in that exact moment, then of course you would incur losses. But if you hold out long enough or eventually to expiration, the price will eventually approach ...


1

There are two common reasons why a stock price would go up when a company doesn't appear to be profitable:- Expectation of something good. The company is not profitable now because it is putting all its income into growing the business. It may be hugely successful in the future. Amazon made no profit for years, but now it is a massive multinational ...


-1

You did not indicate what overall strategy you are employing and that determines the answer. If this is a covered call, there are no consequences if implied volatility increases. The risks that a covered call writer face are opportunity risk (the call is assigned and you miss out on the security's gain above the strike price) and the asymmetric risk of ...


1

I don't know a thing about Python nor have I ever looked at the VWAP indicator. What I can tell you are trying to replicate an indicator that involves moving averages or some sort of cumulative sum or difference, the respective indicator values will not be the same unless the data values and the data period used is same.


-2

Price rise doesn't come from sellers instead of buyers. For every transaction there is a buyer and a seller but that doesn't necessarily mean that the number of buyers equals the number of sellers. Nor does it mean that the magnitude of buy orders equals that of sell orders. Throughout the day, if a similar amount of buying and selling volume comes in at ...


5

Of course there are the same amount of seller and buyers at the end, but the point is the number of potential buyers / sellers - the amount of shares that people would like to buy / sell. Imagine this: assume you want to sell your shares, because you need cash, or because you think the price will soon go down, or whatever. If there are more sellers than ...


0

A moving average (MA) reduces the amount of noise in a price chart. The longer the period, the greater the smoothing and the fewer the number of whipsaws. The longer the MA, the more that the signals are delayed so that you are late in and late out. Use a shorter period and you'll be more timely but you'll have a lot of bad trades from whipsaws. A simple MA ...


0

Over the years, I have occasionally looked at Yahoo's adjusted closing prices. I understand how they calculate the adjusted close but I have never been able to get long term returns to reconcile properly - they generally exceed what one should get from the expected rounding errors. Be that as it may, the adjusted close is used to compensate for share price ...


0

Not really. Adjusted Close update is happening on the ex-dividend date while if you would be "re-investing the dividends immediately when received", you cannot do it earlier than dividend pay date. It can be a couple of months between those two dates.


1

Yes of course. If you sell when you've made more than your brokerage (buy & sell) you win, and of course you can't (generally) sell that which you haven't bought first. Timing the market is literally how speculation works. But consider that you need to ask yourself a) So when should I sell? (obviously when it's lower than you bought) b) Is there any ...


1

You can get this directly from the SEC. In text format: https://www.sec.gov/include/ticker.txt The first column is the ticker, and the second column is the CIK for that ticker. Sample: a 1090872 aa 1675149 aaap 1611787 aacg 1420529 aach 1606180 aacqu 1802457 aagh 1098009 ... In JSON format: https://www.sec.gov/files/company_tickers.json Sample: { ...


1

mainst pointed me to https://sec.report/CIK/, which indeed does the job. ->


0

The flagship person of CNBC, at one time, was Jim Cramer. He had an exciting and fun to watch show and the ratings reflected this. There is one problem though. If you followed his advice you would under perform a passive strategy and in some cases lose money where a buy and hold strategy would have profited nicely. Once you add in taxes and commissions ...


2

No UK stamp duty on foreign stocks. Dividends can be taxed at country of origin as you observe. Outside of an ISA, you may have to pay income tax on foreign dividends depending on exact situation you are in (basically how much you earn overall). You don't have to worry about this as in an ISA where all dividends and capital gains are tax exempt while in the ...


1

Many brokers carry additional private insurance for their customers. This is known as Excess SIPC Insurance and it far exceeds SIPC limits. The amount varies from firm to firm. For example, Pershing carries an aggregate loss limit of $1 billion for eligible securities over all client accounts and for cash, a per-client loss limit of $1.9 million for cash ...


2

When you search for BAC debt to equity ratio most results aren't using total liabilities but just total long term debt. From Zacks: And Macrotrends snippet from Google results: While D/E Ratio is simply defined as Total Liabilities over Total Shareholders Equity, it's frequently adjusted to be more useful.


0

I'll base my answer on the American depositary receipt (ADRs) AXAHY and TOT as well as their underlying ordinary shares on its local exchange (Euronext), which I own in US-based (for ADRs) and France-based (for ordinary shares) brokerage accounts. Are ADRs more expensive? (e.g. custodian fees) Yes. E.g., no yearly fee on AXA, but 0.45 USD/share yearly fee ...


0

Yes, you will owe capital gains tax. Even if you sold and then re-purchased the shares within the same account, the answer would be the same. The only reason capital gains are not taxable is if they occur within a tax-advantaged account like a 401(k) or IRA. Additionally, there is something called a wash sale that prevents you from realizing a capital loss ...


2

Per your question and subsequent comments: When implied volatility increases, so too does time premium. And conversely, it contracts when IV decreases. With an IV of 280%, your puts were incredibly expensive. If you input all of the variables into an option pricing model, what you experienced was normal. IOW, with a share price drop of $3.80 along with an ...


2

I assume by "negative balance" you mean a loss from your purchase price. The puts still have positive value. The implied volatility of MNOV collapsed today. I don't know the latest company news, but it appears that the developments leading to Monday's surge in the stock are now somewhat reversed, in the market's perception. As of Monday, risk was ...


8

The answer to the question “Do you have to file?” is found in the Form 1040 instructions. There, you’ll find Chart A, described as “For most people.” This chart shows a minimum gross income at which you are required to file. For couples that are Married Filing Jointly, this minimum gross income number is either $24,400; $25,700; or $27,000; depending on your ...


1

For ease of discussion, I'm going to use the 500 Dow Jones Industrial Average (DJIA) which is a price-weighted index. Each stock has equal weighting and the daily change is determined by adding up the aggregate change of all 30 companies and then dividing by the index divisor which is currently a bit above 0.14 . That means that the index will move about 7 ...


0

Worth noting that this question is basically impossible to answer, as stock markets can easily collapse or increase with little/no money actually traded, or have the inverse effect, with huge sums traded for no change in price. The offers available to buy/sell a house that has just started burning down will be radically different than it was before the fire ...


1

FINVIZ offers about 15 free screeners which include over 7,500 stocks. The one titled TECHNICAL has a sortable filter for Beta.


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