Aloha Bobby - I appreciate the detailed explanation of your option play. Never tried that sort of spread before so I may give it a go...and hope the market doesn't tank at the end of the year (lol).
Bobby - lets say CQB goes up to $15 or $20 and the 2011 puts drop in price by over 50%. If someone wanted to neutralize the risk, how would you suggest they do that?
WOW! What an open. So far so good on this one folks. Our next resistance level is $11.16. We will probably see a little retrace during the day and may be a great spot to get in as well.