Somebody sold me 50 KTCC $7.50 August 20 Calls this morning for $0.32... | KTCC Message Board Posts


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Msg  5511 of 5587  at  6/14/2021 4:25:35 PM  by

microcaptrader


 In response to msg 5510 by  fabulouspoodle
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Re: Somebody sold me 50 KTCC $7.50 August 20 Calls this morning for $0.32...

I'm outraged over the lack of transparency coming out of Spokane. That's said, I believe their MRP system must be in shambles, but I don't expect any material restatements to come out of resolving the issue. I also have fingers crossed that it will be resolved prior to August 20th. 
 
$7.50 Calls seems like a low risk/reward way to play it. No resolution or poor resolution, I'm out 32 cents a contract. If the resolution does happen, and is benign or better, the a 5 to 10 bagger is easily doable.


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