SOFI+IPOE merger is on June 1, around 7 trading days. Past SPAC behavior has always dipped after merger but we will see if this can hold the price above $18.5 and $19.5 on the day of merger date. I have high exposure on this security and i will be getting a full hedge incase of a sell off. What do you guys think?
20x 17.5 October calls , 3x 15 October calls, 5x 17.5 June calls. Protective puts will be placed within the next few trading days.
I would prefer to trade this stock days after the ticker change to $Sofi.
20x 17.5 October calls , 3x 15 October calls, 5x 17.5 June calls. Protective puts will be placed within the next few trading days.
I would prefer to trade this stock days after the ticker change to $Sofi.