We hold 800 shares with an adjusted cost basis of 11.75 against eight May 18 calls shorted for 0.64. Continue to bid 1.84 to try to get the calls back. This corresponds to a minor downside target for today of 19.83. ______ UPDATE (12:57 p.m. EDT): Our patient, two-week vigil was rewarded with the worst timing of any option trade we’ve attempted in recent memory, since we wound up covering the calls just as this morning’s avalanche was starting. Live and learn, as they say. We still have a $4200 paper profit on our position and a new cost basis of 12.95.