9.8.3 Stock split & dividend adjustments

What about 8:2, or 6:4. What would those be. Even forward stock splits? Or uneven because they don’t end with 1?

@Cecil_O_Hara Great question! Even though 8:2 and 6:4 don’t “end in 1,” they’re still considered even forward splits because they simplify to standard ratios: 8:2 becomes 4:1, and 6:4 becomes 3:2. What really matters is whether the split results in standard share adjustments that can be evenly applied across option contracts.

Hope this helps!

Best,
Mataia

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