Friday, September 16, 2022 -- $24,227.18 (-$3,274.21, -11.90%)
Friday, September 16, 2022 -- $24,227.18 (-$3,274.21, -11.90%) Well it has been a little over three months since I have posted and the portfolio has continued its death spiral. But, today there is news on the Portfolio. I sold 1,018+ shares of KIND, the KIND call options expired worthless, and, in keeping with the seek-out-risk-at-all-costs nature of this Portfolio, I purchased 10 GWH call option contracts with an exercise price of $2.50 expiring in March, 2023. I paid $2.70 per share for these options so, in order to break even, GWH will have to go up to $5.20 by the expiration date of these options. At present GWH is selling for $4.86/share. GWH is a utility-scale battery development company specializing in iron chemistry batteries. Though much more bulky that lithium-ion batteries, the iron chemistry batteries, if the technology can be worked out, have the potential to be much much less expensive and longer lasting. In combination with altern...