For what it's worth (which might not be much), here is what black produces:

Module(
    body=[
        Expr(
            value=Call(
                func=Name(id="spam", ctx=Load()),
                args=[Name(id="eggs", ctx=Load()), Constant(value="and cheese")],
                keywords=[],
            )
        )
    ],
    type_ignores=[],
)

I agree with Mark: it's all probably personal preference, and I'd be okay either way.