Manchester United Ltd
The Glazer Family, owners of soccer club Manchester United ticker symbol MANU:NYSE, have recently announced they are looking to sell the club. Early reports say a valuation of at least GBP 5Bn up to GBP 9Bn. The current market cap is USD 2.4Bn (USD 2.02Bn). Links below
Elon Musk jokingly said he was buying Manchester United (MANU) yesterday. Two days ago, someone bought MANU for 450k in $14 calls, a 3500% increase in volume and x100+ of its monthly volume in one day. Do you think that was just coincidental or was it a planned joke?
Elon Musk has jokingly said he is buying Manchester United (MANU) yesterday. Two days ago, someone bought MANU worth 450k in $14 calls expiring 31 days a 3500% increase in volume. Do you think that was just coincidental or was it a planned joke?
Break even is what the stock price would have to be on the day of expiration to neither make nor lose money. For this contract, which expires December 16, that means the closing price of MANU has to be 25.15 to have $0 profit/loss, and higher than 25.15 to make money and lower than 25.15 to lose money.
I’m actually new here lol. But naw I didn’t hear about it anywhere. I have been watching this all week. It shot up Monday on news that MANU would potentially be sold, but I held off thinking it may dump (buy the rumor sell the news) and calls were expensive af lol. Then Wednesday it still had momentum, I waited till end of day and took a gamble.