Shares of Microsoft (MSFT) moved higher after sources told CNBC's Julia Boorstin that TikTok CEO Kevin Mayer's exit indicates that a deal, likely a sale to Microsoft, could come in the next 48 hours.
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9/4 seem to be best calls with highest p50
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Also 9/25 235C is 1.34k Vol 702 OI
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10/16 250C seems reasonable if volatility dies off
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Microsoft confirmed on August 2 that it has held talks with ByteDance to acquire TIkTok in the U.S.
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on Aug, 3, Trump said he’d rather Microsoft, valued at $1.6 trillion at the time, purchase the app that is used by 100 million Americans in its entirety. rather than NFLX or ORCL
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Walmart confirmed it’s teaming up with Microsoft in a bid for TikTok.
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The deal to sell Tiktok US assets to MSFT is sealed—according to Liz Claman who works for FOX and is followed by CMEGroup (Futures Exchange)