$OPI 20241220 1.5 CALL$ 10 lots Call options poof and I'm 600 bucks poorer for Xmas :( Still think that the share price is being depressed unfairly and will only recover once the upcoming debt is settled once and for all

$OPI 20241220 1.5 CALL$ Bought 5 lots more for a total of 10 lots. Will probably look to sell the mother shares later on and use this to own the shares for the time being instead

$OPI 20241220 1.5 CALL$ Bought 5 lots more for a total of 10 lots. Will probably look to sell the mother shares later on and use this to own the shares for the time being instead

$OPI 20241220 1.5 CALL$ Bought 5 lots more for a total of 10 lots. Will probably look to sell the mother shares later on and use this to own the shares for the time being instead

$OPI 20241220 1.5 CALL$ Opened 5 lots of call options as I'm if the view that the worst is over for the industry. REITS in Singapore have already rebounded strongly but not this counter yet

$OPI 20241220 2.5 PUT$ $OPI 20241220 2.5 PUT$ $OPI 20241220 2.5 PUT$ While I am still bullish about the stock, I decided to close 4 lots of this to free up my margin and get leverage down to neutral

$Office Properties Income Trust(OPI)$ With the recent conclusion of the notes exchange, I believe that the company is in better state. Notwithstanding the fact that they still have to refinance the $500mil notes that will be due next year, the approach to getting this round of exchange was ingenious in my opinion. Bond holders collectively took $297.5mil haircut in exchange for higher interest rolled over the next 5 years.  From my calculations, OPI will have to fork out an additional $32mil/year in interest for the next 5 years in exchange for the reduction in their total debt, which is a good piece of business. If they are able to refinance the remaining $500mil due 2025, I believe that the overhang on the shares will be alleviated to a