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re: DWAC shareholders approve merger

Posted on 4/2/24 at 4:49 pm to
Posted by Big Scrub TX
Member since Dec 2013
33640 posts
Posted on 4/2/24 at 4:49 pm to
quote:

I know that moron.

Look at the June 21st 50/45 put spread. Price is $4.00 for the spread with the stock at $50.. Risking $4 to make $1.

Like I said. Not doable. You would be an idiot to make that trade.
There's just no way of getting around the stock borrow economics on this name. They are sky high for a reason.
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