The con man of the century is at it again.
https://twitter.com/unusual_whales/status/1559711105592840193?s=21&t=KqnsUG4riHFfCqBS6IYttQ
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As always, seems like “someone knew.” MANU sees virtually no option activity, so it makes this option activity very suspect.
Corroboration from ShiftSearch:
MANU is just 2B, so totally possible for Elon to buy it with just some of the cash from TSLA sales.
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Also, interestingly Elon tweeted this at 8.01pm … so prices would not spike AH?
Looks like those 9/16 14Cs are still quite cheap, enjoying 44% IV.
Some decent call spread possibilities, as well as just regular calls:
Of course, we have no way of knowing if Elon is buying MANU. He probably isn’t and this is all a joke to him. But… markets will react to this news, and IV should spike. So focus right now is just to capitalize on that if possible.
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Update from Elon saying he isn’t actually buying it. Maybe that is why he specifically tweeted 1 min after post-market hours. But that 450K call print is still weird. Elon’s just a huge con artist.
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