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    • yxteoyxteo
      ·2023-10-21
      Great ariticle, would you like to share it?

      [Options] Sell VMW‘s Puts as the Broadcom-VMware deal concern

      @OptionPlus
      $威睿(VMW)$ stock price plunged during last two days, and It fell another 7% in the pre-market trading.As concerns over the last leg of the Broadcom-VMware deal intensified over a snag in China. Broadcom and VMware set Oct. 23 as the deadline for VMware holders to elect the form of merger consideration they will take. The companies reiterated that they expect to close the transaction by Oct. 30, subject to the receipt of regulatory approvals and other customary closing conditions, according to a statement on Wednesday.However, the stock price is honest. Traders have some concern despite sources saying the deal should close without major issue. Traders are focused on China amid a report that China's antitrust approval for the megadeal may be delayed.
      [Options] Sell VMW‘s Puts as the Broadcom-VMware deal concern
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