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Re: MWM post# 28937

Thursday, 05/06/2021 2:28:58 PM

Thursday, May 06, 2021 2:28:58 PM

Post# of 42752
Looks like that 2,000 $30 call @ $1.36 & 2,000 $30 put @ $13.20 straddle purchase happened at the same time as the 200k share purchase..

The breakeven on the straddle alone would be >$45 or <15$... But if the same person that bought the options also bought the 200k shares @ $18.20, their break even is $30/share & anything under they lose $552k. Can anyone confirm if my math is right? Very bullish if so...