Long

SEAH - Sub NAV with options?

Updated
Backed by a trust value which means one can write options without the worry of a drop in the underlying stock.
Obviously, once the trust value is used to facilitate the merger, it is no longer a safety net so one would aim to exit before then or accept the risk of not having a safety net.
Note
NOT FINANCIAL ADVICE
snapshot
Trade closed: target reached
snapshot
More than enough time and liquidity to enter (published 4/9) and exit without margin (T+2).
Endless possibilities with leverage over the weekend as the gap produced an island with Over 22 million shares traded today... Somebody needs to hire me... Free agent here...
Fundamental Analysisspac

Disclaimer