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What one 100 share contract covers after a non whole split ratio, 2020 to July 2026

Answered against 22 years of US equities and 12 years of US options data and published with the query that produced it. This result is stored as of 2026-08-04, from How Stock Splits Affect Your Options.

as of ranking 10×4read in context →
What one 100 share contract covers after a non whole split ratio, 2020 to July 2026 — 10 rows by 4 columns, computed from US exchange, SIP and OPRA data.
ratio_labeldirectionsplit_countshares_per_contract_after
3-for-2forward split33150
6-for-5forward split9120
11-for-10forward split39110
21-for-20forward split10105
26-for-25forward split10104
1-for-4reverse split25925
1-for-5reverse split40120
1-for-10reverse split113910
1-for-15reverse split2166.67
1-for-20reverse split4895
Rows × columns
10 × 4
Computed
Completeness
No missing values
Source
US exchange, SIP and OPRA market data
Licence
Strasmore terms · free, no signup
Formats
JSON · CSV · the SQL below

What each column holds

Column definitions for What one 100 share contract covers after a non whole split ratio, 2020 to July 2026, derived from the stored result.
ColumnTypeRangeNotes
ratio_label text 10 distinct values (1-for-10, 1-for-15, 1-for-20…)
direction text 2 distinct values (forward split, reverse split)
split_count number 9 to 1,139 count
shares_per_contract_after number 5 to 150 count

Computed from Strasmore's warehouse of US exchange, SIP and OPRA market data. Equity prices are delayed; options greeks and implied volatility are end-of-day. This result is stored, not recomputed on load — it is exactly the numbers that were returned on , and the query below is what returned them.

the exact SQL behind every number
WITH ratio_counts AS (
    SELECT concat(toString(toUInt32(split_to)), '-for-', toString(toUInt32(split_from))) AS ratio_label,
           if(toFloat64(split_to) > toFloat64(split_from), 'forward split', 'reverse split') AS direction,
           round(100 * toFloat64(split_to) / toFloat64(split_from), 2) AS shares_per_contract_after,
           count() AS split_count
    FROM global_markets.stocks_splits
    WHERE execution_date >= toDate('2020-01-01')
      AND execution_date < toDate('2026-08-01')
      AND toFloat64(split_from) > 0
      AND toFloat64(split_to) > 0
      AND toFloat64(split_from) = round(toFloat64(split_from))
      AND toFloat64(split_to) = round(toFloat64(split_to))
      AND modulo(toUInt32(split_to), toUInt32(split_from)) != 0
    GROUP BY ratio_label, direction, shares_per_contract_after
),
ranked AS (
    SELECT ratio_label,
           direction,
           shares_per_contract_after,
           split_count,
           row_number() OVER (PARTITION BY direction ORDER BY split_count DESC) AS rank_in_direction
    FROM ratio_counts
)
SELECT ratio_label,
       direction,
       split_count,
       shares_per_contract_after
FROM ranked
WHERE rank_in_direction <= 5
ORDER BY shares_per_contract_after DESC

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