Just a quick update. I decided to close out the BCSI - May 30th calls at 5.30 this afternoon. The stock spiked soon after and my order executed. I did it because the value of the options had exceeded more than 50% of my portfolio. I still own and am holding on to the May 35 calls with a GTC order to sell at 4.0 for that position (since I think the stock is headed to 39).
I also opened a new position in AMD July 10 calls at 0.66 cents per share. Let's hope there is something to the Apple / AMD cpu licensing rumor.
PS: The chart for ETrade (ETFC) is looking pretty good. Maybe we will see 2.40 this time around.
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