News Focus
News Focus
icon url

AZ123

07/21/06 4:41 PM

#32791 RE: AZ123 #32582

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.