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re: IPOF - the last great SPAC?

Posted on 4/6/22 at 4:45 pm to
Posted by astonvilla
New Jersey
Member since Dec 2005
3123 posts
Posted on 4/6/22 at 4:45 pm to
so the loss on this is limited to 9.8? how is that possible?
Posted by Allthatfades
Mississippi
Member since Aug 2014
6830 posts
Posted on 4/6/22 at 4:49 pm to
Too late to get in?
This post was edited on 4/6/22 at 4:49 pm
Posted by James11111
Walnut Creek
Member since Jul 2020
4722 posts
Posted on 4/6/22 at 6:33 pm to
I just got in at 10.59 Lets see what happens
Posted by F73ME
SE LA
Member since May 2018
859 posts
Posted on 4/18/22 at 10:02 am to
Are we suspecting movement to be on Wednesday if there is any? Expecting a drop on Wed if no announcement?
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30664 posts
Posted on 4/18/22 at 11:07 am to
4/20 bro

In honesty, we have no idea except the crumbs that have been dropped to us
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
13950 posts
Posted on 4/18/22 at 11:13 am to
quote:

Your $10 is guaranteed at the end of the dissolution which is roughly October 2022.

I am ignorant to this concept and how it works. Why is there a market for calls and puts with strike prices well below $10 if the lowest it can go is $10?

Can someone explain?
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30664 posts
Posted on 4/18/22 at 12:21 pm to
quote:

Why is there a market for calls and puts with strike prices well below $10 if the lowest it can go is $10?

The calls are the same reason you’d buy any ITM call option. It’s just leverage. I assume they make the put options available since they have the call strikes available. But there’s basically no market for those, and you’d be hoping to cash in on IV change in a temporary dip below $10 again. I previously explained why it could go below $10 on a temporary basis
Posted by kengel2
Team Gun
Member since Mar 2004
31061 posts
Posted on 4/18/22 at 1:22 pm to
quote:

In honesty, we have no idea except the crumbs that have been dropped to us


What do the crumbs say? Im trying to decide if I buy more SLI or this.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30664 posts
Posted on 4/18/22 at 1:52 pm to
Crumbs say 4/20 is the only defined date on the calendar that would have significance. And evidence has been building recently. Context says a deal should likely be reached by end of April

I made my post for the specific reason that something is most likely to happen on 4/20 if something is going to happen
This post was edited on 4/18/22 at 1:54 pm
Posted by el Gaucho
He/They
Member since Dec 2010
53382 posts
Posted on 4/18/22 at 3:55 pm to
You in fgi tho
Posted by damnlambert
Louisiana
Member since Oct 2019
159 posts
Posted on 4/19/22 at 4:37 am to
here comes the buyers.. so elon on chatman podcast is the current news?
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30664 posts
Posted on 4/19/22 at 5:36 am to
Chamath and Elon are now scheduled to speak together for the All-In podcast event in May
Posted by Delacroix22
Member since Aug 2013
3996 posts
Posted on 4/19/22 at 5:38 am to
A lot of premarket movement today
Posted by Tiger Prawn
Member since Dec 2016
22030 posts
Posted on 4/19/22 at 6:48 am to
When in May? Should i sell my May calls and buy June ones instead?
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30664 posts
Posted on 4/19/22 at 6:56 am to
5/15-17 is the event, not sure what day they’ll appear together, but assume it’s the 16th for max attendance

If calls are up today then you could roll out to June
Posted by Tiger Prawn
Member since Dec 2016
22030 posts
Posted on 4/19/22 at 8:24 am to
May 20...only shows monthly options for IPOF on Webull.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30664 posts
Posted on 4/19/22 at 12:36 pm to
Large order discrepancy going on in IPOF. Some very seasoned traders pointing it out on stocktwits. Evidence suggests large dark pool loading to avoid price movement. Could be evidence of incoming announcement
Posted by damnlambert
Louisiana
Member since Oct 2019
159 posts
Posted on 4/19/22 at 2:12 pm to
selling this rip or holding into tomorrow? ( i have calls)
Posted by Georgia Sooner 745
Member since Jan 2019
152 posts
Posted on 4/19/22 at 5:21 pm to
Just bought a 100 lotto shares
Posted by kengel2
Team Gun
Member since Mar 2004
31061 posts
Posted on 4/19/22 at 6:52 pm to
FWIW, I bought some today right before the little pop. Hope that's a good sign.
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