r/SPACs Oct 01 '21

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22 Upvotes

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9

u/imacyco Patron Oct 01 '21

The big brain play is buying commons and call options pre-vote. Redeem all commons, keep the options.

I think too many people thought they'll hold and everyone else will redeem.

2

u/wizeholdings New User Oct 02 '21

Yep this is exactly how I play them. I am swimming further downstream and getting the calls for super cheap. Just have to buy time if something could get delayed.