SPCX x TSLA Merger - 1100 TSLA JAN 15 990 CALLS

Betting the swap ratio is announced in the next few weeks. Why? Midterms. If Dems take the House (90% on Kalshi) Elon and team become piñatas - best get it done fast. Selling all contracts purely at extrinsic premium value on any announcement. For example, the premium will move to ~$5 at a $500 swap price at elevated 90% IV if announced on or before November 4 (Black-Scholes valuation)

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