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BefallenKnight

07/07/21 5:44 PM

#8047 RE: sim2010 #8046

I’m comfortable shorting $1 strike puts and some of the shares assigned were from $1.5 strikes that were sold at .50-60 per contract giving the shares a $1ish cost basis.

Book value for SNDL is probably around .50-60/share so I’m comfortable in the $1 range for shares and options. I wouldn’t get long on puts mostly cause I’m short via covered calls and I would rather commit capital to shares than short derivatives