Hi. How are you managing RELL ITM short call today? I think I will wait and see if stock drops close to 17.5 and buy to close, keeping the long calls alive.
Yes, this looked like a genuinely good quarter, not just a low-bar “beat.” The main positives were improving profitability, healthy backlog, and continued strength in the PMT business. The big move in the stock seems justified.
Out of the RELL put spread today at $0.20.
Out of the RELL calendar today at $5.52.
Hi. How are you managing RELL ITM short call today? I think I will wait and see if stock drops close to 17.5 and buy to close, keeping the long calls alive.
Exited as a calendar today.
I closed the calendar spread at 5.85
Good morning. RELL is up nicely after earnings. Have you had a chance to peruse the earnings report yet? Thank you.
Yes, this looked like a genuinely good quarter, not just a low-bar “beat.” The main positives were improving profitability, healthy backlog, and continued strength in the PMT business. The big move in the stock seems justified.