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August 4th, 2020 at 3:54 pm
SPWR/Wing – They are breaking up nicely now. I know people were getting so bored with me banging the table on them all the time, right? So you have 100 2022 $5/8 bull call spreads at $1.80 and you sold $20 $8 puts for $2.73 (wow!). I wouldn't roll up, just be happy the net $12,540 spread is going to pay you back $30,000 and be happy. Why turn it into something risky? At the moment it's $7.30/5.65 and the $10s are $4.60 so maybe spend $1.05 or less to roll up $2 and you're still 20% in the money but I wouldn't push it further.
Kodak/StJ – Yep, so much corruption we can't even keep track anymore. Remember when we used to spend 4 years looking into Whitewater or Bengazi because they were the ONLY things the Presidents or their circle did that even seemed remotely questionable? Trump is like a corruption tsunami – there's not enough investigators in the World to cover all the crimes he and his people commit….