Today I BTC 2 BRCD Mar08 7 Calls and STO 2 BRCD Oct08 8 Calls for an additional $51.01 in my taxable account. I now own this stock at 8.69.
The stock has been moving up and down but trending up except just recently. I probably should have let this run until a while longer to see if it might expire worthless in a couple of weeks but frankly I was getting a little bored not doing any trading. Also, I had been watching these options looking for the opportunity to roll out and up. Until now the price differentials were not there.