I’ve established a tracking position for your further guidance, since some subscribers are evidently still long.  Ahead of EK’s leap, I’d touted the January 5 calls when they were offered for 0.26, so we’ll assume four still held after cashing out of four more at 0.54 (that’s midway between 0.26 and their so-far post-rally high of 0.83).   That gives us an effective cost basis of -0.02 for each of the four puts we still hold, so we’ll just call them freebies.  FYI, the same pederasts who were accumulating stock for five weeks before They sprang a bear trap have been letting the stock fall back so that They can steal more of it from nervous widows and pensioners.  We’ll do nothing further at the moment, since we’ve got at least 7-10 days to roll out of January premium before it starts to flatline. _______ UPDATE (2:27 p.m. ET):  EK is moving out of a consolidation, presumably bound for a minimum 5.82 once it has cleared the midpoint resistance at 5.44. _______ FURTHER UPDATE (December 20, 11:123a.m. ET):  Kodak has popped to a high today of 5.88. I’ll suggest exiting two of the four Jan 5 calls that remain for  0.95 or better.  That will give us an adjusted cost basis of -0.97 for the two calls that remain.