Another Big Rally on Wall Street and Musk’s About Face on Twitter – Again 10/4/22
CNBC's "Fast Money"
00:00
Twitter Options Mean Time Exploded in Response to Twitter's Latest Twist
Twitter's options mean time exploded in response to this latest twist. Risk arbitrage participants will buy the stock and sell calls at the strike that are on or slightly above where the deal is expected to close, which in this case is 54.20. My co is here to explain where options traders think this deal is heading next.
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Transcript
