BLACKROCK Municipal Income TRUST V.BFK.P

Primary Symbol: BFK

BlackRock Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to provide current income exempt from federal income taxes. Under normal market conditions, the Fund invests at least 80% of its managed assets in investments the income from which is exempt from federal income tax (except that the interest may be subject to the alternative minimum tax). The Fund may invest directly in securities or synthetically through the use of derivatives. The Fund's investment policies provide that it invests at least 80% of its total assets in investment grade quality municipal obligations issued by or on behalf of states, territories and possessions of the United States and their political subdivisions, agencies or instrumentalities, each of which pays interest that, in the opinion of bond counsel to the issuer, is excludable from gross income for federal income tax purposes. Its investment adviser is BlackRock Advisors, LLC.

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BLACKROCK Municipal Income TRUST > Over 2 Million Shares with Calls @ $6.14

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Comment by quinlashon Sep 24, 2021 5:04pm

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RE:Over 2 Million Shares with Calls @ $6.14

Roto... just wondering what your take is on those 2 Million Plus shares with call (buy) options on them at $6.14. Those options were taken out in Sept 2021.

Let me know if you need the particulars on the company that did that... more than happy to share :)

Q

quinlash wrote: For those who have access to the CALL / PUT data, you will see over 2 Million Shares at $6.14 with calls (buys) on them with the order having been placed in Sept 2021

If $6.14 gives you your break-even or a small profit then I would suggest holding for that.

All the best

Q

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