Grab IPO, the world's largest SPAC deal.
Views 297K
Contents 153
$Grab Holdings (GRAB.US)$ I am neutral on shares, but I boug...
$Grab Holdings (GRAB.US)$ I am neutral on shares, but I bought a number of Jan and April calls on
$Altimeter Growth Corp (AGC.US)$ to take advantage of the volatility spike at merger. We had very low IV and historical volatility up until Aug 30 when the Motley Fool article came out about Grab's Q1 results. The IV spiked and dipped, but is still at elevated levels compared to before Aug 30. That being said, it is still below average and way below the peak around AGC's announcement of Grab as its target. There a number of compelling reasons why I think we will see a pop before merger, with a possibility of a selloff after.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more3 12
xZeusXL : That's a good move. I bought shares previously instead due to the high IV.