Tuesday, January 31, 2012


selling both GEOY options;
March $15 call options at $6.50
March $20 call options at $3.60

Starting to get uncomfortable with the time erosion. It's break even for me on both.
GEOY is definitely a buy, but it may take longer than the next 6 weeks or so for it to make a move. Better safe than sorry on option plays.

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