Yes, well I did the same thing, and for the same reasons he states. What difference does that make? He said he was hedged for the short term, because we don't know what kind of garbage MW and Citron will put out to make a buck.. That doesn't imply anything other than what he said, which I think is the prudent way to play in this park for the next few weeks..
I did close my put position today. I think we'll get some news on Monday that will cause a pop...and from that, I'll likely reenter my hedge.
If it don't make dollaz, it don't make sense. -DJ Quik