Another Approach To “Strategic Alternatives”

Those who are familiar with our strategies concerning takeover rumors and bids know that we eschew most rumors, preferring instead to concentrate on situations in which either a) the company has announced that it is “exploring strategic alternatives” – effectively putting itself up for sale – or b) has a bid in hand, but the stock is trading higher than the bid – indicating that perhaps a higher bid is forthcoming from another party. We have written about this approach in several feature articles in the past. In addition, we started a composite position – Position S604 – last October, in which we have placed a number of call buys on...

Find out more about takeover strategies by reading The Option Strategist Newsletter Volume 20, Issue 13 (published today).

Click here to sign up for The Option Strategist Newsletter - (a 3 month trial is available for only $29)