Options Trading Ideas: Make Money in the Twitter Acquisition Event
@OptionsDelta:
Here we go. Stocks are hard to make money, options are easy to make money. An unusual acquisition In pre-market news, Tesla CEO Elon Musk offered $54.20 per share in cash for Twitter.$Twitter(TWTR)$ Musk said: Twitter needs to be transformed as a private company. As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter and a 38% premium over the day before my investment was publicly announced. My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder. I expected Musk to get impatient and the offer would probably happen in the next two months, but I didn't expect it to happen