60 Second overview: https://youtu.be/f4x1NncCFX0
-A current holder of 1 share of GOOG will now have 20 shares, at 1/20 the price -This will take the price from GOOG from ~$2,750 to ~$138-The OCC (Options Clearing Corporation) will apply similar math to the existing options chains in a process called "Being Made Whole". Size will increase 20x basis will be divided by 20. -The OCC may either adjust the current chain or create a new one. Typically with regular splits, the chains will be adjusted for the existing holders, with no real impact. -BE AWARE for current option holders, as the adjustments are made, liquidity can be impacted.
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