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MNYC

02/01/12 5:36 PM

#77470 RE: Mikey #77465

Option calculators don't seem to work on earnings as it doesn't include the premiums (remember last time when people calculated AAPL earnings and then we all were 'shocked' how much the Options/ Calls lost in value despite the gap up?)

I assume that after the premium-erosion tomorrow the W60 in GMCR will be worth around 100% or a little more from where they closed, depending where it opens and if it stays above 60.