I have several GE Option positions. This recent GEV thing has made rolling impossible, according to TDA. For example. I'm long 1 160 Call expiring this Fri. I'm also short 1 170 Call expiring this Fri. TDA says I need to close out this Spread altogether, then open a new Spread. TDA's website shows this description: GE Apr 5 2024 160 Call (ns) (Weekly) 2 Days to Expiration 100 shares of GE, 25 shares of GEV, 25 shares of GEV/WI Even though GE is currently below both Strikes, I need to factor in 25 shares of GEV, which puts me ITM according to TDA. So if i did nothing and let it expire?... Interesting. My head hurts...
Is the position in profit as it stands? If so, why not close it at scratch or better and move on to another opportunity?