door #2, , then I have my own two doors, go down sharply into Wednesday to kill the calls, then rally into expiry to kill the puts, or door #2, reverse the order of puts and calls killing (g), which of the two killing processes do you prefer? By the way, I'd love your door #2 scenario and I assure you I'll use the opportunity to get back as close as 50% as possible, it is much easier to buy the next rally leaving stuff on the table, than seeing stocks in the core taken one after the other and shot (g). Hey, I had a core stock bought and stopped out within a day today (BA), I should have given it some grace period (it did recover), but MRK which replaced it did better.
Zeev