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December 8th, 2017 at 3:57 pm
Hi Phil. Been away and not much chance to catch up, so you may have answered a similar question: Two weeks ago, I sold 65 FTR Dec $8 calls for .60 against my January short puts (and 500 shares) that are deeply underwater. So, all else being equal, if the stock is near the current price of around $9.80 next week when they expire, I will be another .60 in the hole. Any advice? Just close the positions and take my lumps or roll them forward?