Close the PLUG Options for massive gains

On October 7, 2020 we sold the Jan 2022 Puts on PLUG for $8.40 and bought the same expiration $20 Calls for $8.40 for a net cost of $0 on the trade. See this link for the details: https://aplustrades.com/options/Free-trade-on-Plug-Power

Today the stock is around $42, down from $46 yesterday and we're closing these options out and cashing in on the profits.

The Calls were sold for $22.45, for net gain of 167%.

The Puts were bought back for $0.11 cents for a gain of $8.29 or a gross profit of 98.7% and a net profit of 41.5%.

In hindsight we should have closed this trade back in Q1 2021 when the stock was around $70.