I read a book on investing a few years ago, and one of the main points in it was about how prices move so much during mergers and acquisitions, and he talked about setting up google alerts to get notified about these and then buying call options on these companies…
I can't for the life of me remember what this book was, does anyone know which one it is?
Help finding an options investment book name?
byu/honkballs inoptions
Posted by honkballs
1 Comment
I haven’t heard of this book, but the strategy sounds awful. Once the merger is announced the prices tends to move to pretty close to the merger price when the stock starts trading again. Maybe if you think competing bids might come along, but that’s not super common.