https://preview.redd.it/29997lauc7s91.jpg?auto=webp&s=c685a92dab7634e6cdba694e92c1374134641ea3
Apes! Here me out. +20x ROI possible. Oct 21/28 put calendar spreads on TWTR near ATM can go for .10. If deal goes through before thenyou lose. But if deal takes more than 2 weeks to finalize, shorts expire worthless and puts are worth close to 2 each. Even at 10:1 chances it’s an attractive bet…
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you lost me at “here me out”
English doctor! We’re not all scientists here.
Uh you’d need the deal to close before those dates. Otherwise both sides expire worthless.
They just want elons money even it its not worth the price. Dont see how if they didnt take the offer to begin with they can demand it now.
On Oct 21 the short 50 put goes to zero. The other put should still be qorth close to 2 with a week left on it. Then ypu sell it.
I’m on this, I needed a restarted play yesterday and chose this one. I hope it pays nicely, I’m already regretting it with the last rumors