Posted yesterday:

Sold the weekly 89/99/99/109 for 7.30 yesterday for earnings.

Obviously a bigger move than the market expected. By staying small I can afford to mess with this for awhile. At the open today, I sold the long 89 puts at 3.65 (too early) giving me a total premium received for the trade of 10.95. This would give me the stock at a cost basis of 88.05. I’ll be looking for a rally to this number to close this week or start looking to sell covered calls beyond this week.

Update:

By staying small I’ve been able to adjust and extend duration. Trade is now back to even and with DAN over at OMM putting on a long trade this morning I’m feeling like there’s a decent chance to get out fairly profitably.