SELLING COVERED CALLS ON TWITTER


Hey there

I have a question for you guys. So Elon Musk is acquiring twitter at $54.2/share (unless the deal somehow falls through) and will then take it private.

I have 1000 share of twitter. So my question is if I were to sell $55 19 JAN 2024 calls what would happen when the company is taken private/delisted. Would i keep the premium? Or would I somehow get screwed over in this scenario?

Thanks to all!


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