I received a report on the largest short holdings yesterday and of course ESLR was on it with a 35% increase in shorted shares. That coupled with its earnings report tomorrow and a current 15% return (75% annualized) I sold the current ESLR shares for a small profit (%3, 36% annualized) and bought to close out the Sept 2.50 PUTS for a 62.5% return.
Happy Trading...
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