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Portfolio Armor's avatar

Exited the KODK put spread today at $0.16, for a loss of 20%.

Portfolio Armor's avatar

Exited the CHGG call spread today at $0.48 for a gain of 8%.

Portfolio Armor's avatar

Exited the BRBR call spread today at $1.50 for a gain of 100%.

Portfolio Armor's avatar

Exited the LCID spread today at a net credit of $0.25 for a loss of 59%.

Portfolio Armor's avatar

LCID missed on both top and bottom lines, but is up about 1% afterhours. CHGG missed on earnings, beat on revenue, and is up ~24% after hours on some AI comments apparently.

Portfolio Armor's avatar

FYI, I switched the KODK trade to just buying the $5 strike puts, since there was no bid on the $2.50 strike puts for the spread. Fidelity limits you to $0.05 increments at this level, so I paid the ask of $0.20 for them.

tazman's avatar

so CHGG popped on earnings to 10.65. Why are the 10 calls devalued?

tazman's avatar

ended up exiting for 17% gain .

Portfolio Armor's avatar

Maybe because it pulled back so far from its price after hours.