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steveplace
on April 3, 2014
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Google splits into GOOG and GOOGL today
If you're in GOOG options, it's going to get goofy.
http://www.cboeoptionshub.com/2014/03/28/goog-get-ready-next...
junto
on April 3, 2014
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Also, if you have a "stop loss" orders then I think it is worth cancelling them. I'm not sure if they are smart enough to pick up on splits.
rohansingh
on April 3, 2014
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All stop orders are canceled in case of a split. They will need to be replaced.
steveplace
on April 3, 2014
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A handful of people ended up with margin calls in the order of six figures because the broker hadn't yet adjusted the contracts. Not fun to wake up to.
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http://www.cboeoptionshub.com/2014/03/28/goog-get-ready-next...