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Post by Comrade Damien on Mar 6, 2019 10:24:25 GMT
I just want to clarify the rules surrounding simulated votes. How they work is as follows: Options are assigned a stock from a particular index, currently I use the NASDAQ for most. They are assigned this stock before the vote date. A date is then set for the vote and the last digit of that stocks closing price on the voting day is used as the number of votes it has received.
For example; A simple yes or no question? Yes (ATVI) No (DLTR)
Vote date 05/03/2019
Now we look at the closing prices of those two stocks on that date. Activision (ATVI) closed at a price of 41.88 so ‘yes’ gets 8 votes. The dollar tree (DLTR) closed at a price of 95.47 and so ‘no’ gets 7 votes. So the result is: Yes: 8 votes No: 7 votes
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