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.

NYSE:BFK - Post by User

BLACKROCK Municipal Income TRUST

Bullboard Posts

Post by NEWBIEVESTORon Jul 24, 2019 12:39pm

172 Views

Post# 29955086

Pro tip for the fools on this board holding warrants

Warrant strike price $5.60 Jan 2020 expiration last price $1.55

January 2020 options with a $5 strike price currently $1.60 on the ask

Chances are with the oncoming oversupply you will lose money either way but if there is a pump for edibles holding the options is superior until warrants tank

Bullboard Posts

BMO evolves InvestorLine with enhanced tools for options trading