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researcher59

06/15/12 3:40 PM

#6806 RE: bbotcs #6805

ATPG +1.43 to 5.46, it's a buying frenzy ... I just closed out my June short put position and rolled them over to July at lower strikes .... so the same exposure in terms of number of shares, but at a lower cost basis.

Put premiums are huge, which makes writing them so tempting .... I couldn't resist, even though I may regret it in a few weeks. The stock may be back in the dumpster by then. LOL