DJT Sees $15.9 Million Trades in Call Options Expiring 3 Days Before Inauguration
Buyers paid a combined $15.9 million premium for call options that give the holder the right to purchase $Trump Media & Technology(DJT.US$ shares by Jan. 17, three days before the inauguration of the victor in the November presidential race.
Donald J. Trump, the biggest shareholder of the company whose ticker is patterned after his initials, is running for the top post in the US elections in a rematch against current President Joe Biden on Nov. 5.
The biggest of the block trades, which covers 150,000 DJT shares, was posted at 3:36:53 p.m. in New York Wednesday. The buyer paid $4.75 million for the options that give the holder the right to buy the stock at $15 each by Jan. 17. Shares closed at $46.75.
To see DJT's options chain, click here.
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Former editor at Bloomberg, then Lazard Asset Management. Posts aren’t investment advice. Views are just mine.
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sensay2024 : I hope that this will go through the roof.
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74003925 :
74003925 : You moomoo