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[Options Premium] Update to $NKLA Put Calendar Spread Position

July 23, 2020

Another quick little update on the NKLA position we put on a couple weeks ago.

Our patience from our original entry timing has paid off, and the directional move we were playing for has happened. $NKLA has traded down to our target price of $35.

Good, right?

Well, not so fast.

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