MANU Manchester United could be changing ownership after 17 years. The Glazer family are willing to listen to offers for one of the biggest football clubs in the world. Manchester United is believed to be valued at £5bn. Its Market Cap now is £3.706Bil. So there is still upside potential.
Looking at the MANU Manchester United options chain ahead of earnings , i would buy the $26 strike price Calls with 2023-1-20 expiration date for about $0.92 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
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Qatari investors are planning to make a bid for the English Premier League club in the coming days!
Trade active
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verbal agreement between Glazers and Sheikh Jassim on MANU sale price.
I would say its profit taking time for MANU atm, regardless of earnings results. (if not anything extraordinary shines through) 75% rally on rumors almost always consists with some sort of a correction before "maybe" climbing higher. Would consider finding opitons with an expire date further down the line. This stock is notorious for having long lasting steep declines after a rally.
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@JonasLyng, thanks for sharing your opinion. let`s see.
75% rally on rumors almost always consists with some sort of a correction before "maybe" climbing higher.
Would consider finding opitons with an expire date further down the line.
This stock is notorious for having long lasting steep declines after a rally.