Several SPACs lost today over 8%, not knowing exactly why. As the merger with Fisker will soon happen, I think it’s a great opportunity.
When I was planning to buy new shares I found out there are options for SPAQ, which is really interesting.
So, instead of buying shares I bought call for NOV 20 and FEB 21.
I get much more and my risk is really limited here.
I also preferred buying calls rather than selling puts.
Bought the calls for $45 a piece.
Closed on 13/11