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Post# of 69601
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AZ123

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AZ123

Re: AZ123 post# 32582

Friday, 07/21/2006 4:41:26 PM

Friday, July 21, 2006 4:41:26 PM

Post# of 69601
Closed the KCI strangle.

I had something like an 70% gain on this position 4 days ago and I just closed it today for no loss and no profit. I'm an idiot.

Anyway, the jury has been deliberating for 4 days and didn't reach a verdict. The judge is going on vacation until August 1st so deliberations won't resume until 1:30pm on August 1st. I figured I could buy back in at a cheaper price on August 1st rather than watching the time value deteriorate.

Talk about anti-clamactic.
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