ATVI

xandman said:
Back to the pre-deal price @$65 to start....a deal can fall apart.

For around the same loss exposure, I replaced the shares with 10x Mar 18 85/95 call spreads, 60 days out @ 1.46. I think most are doing the 85/90.

I really would have preferred this as a long term holding. Oh well, game on.
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why do you think that is a good trade?
 
I'm seeing it as binary.$65 or $95.

So for the amount of potential loss of around $1500, 100 shares could make $1500 or 10x 85/95 could make $8K @$95. Just thinking terminal values. The most probable scenario before my expiration is a rough target above current but is obviously more optimistic.

Hindsight: 85/90 may have been better.
 
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So is the informed assumption that the FTC WILL NOT sanction the buyout and MSFT will have to walk away? I was thinking of buying ATVI simply due to good earns but no matter how good if MSFT can't buy it then the price will drop large.
 
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