Aug 17th option expiration

[katytrader]

I put on a pretty big straddle late last week with in the money Aug puts and in the money Sep calls. If we don't get a signed Purchase and sale agreement with the conf call or in the press release unfortunately I think we sell off $5-$15 in the coming days.  I have until Sep for the stock to work higher and make nig moola on the calls.  I hope I'm wrong and deal is announced and we move to triple digits. Either way I'll make money.  What do you guys think?

It has more finesse than I am capable of.  But I hope you are right about triple digits.

katytrader