Hi Jeff,Just so others can see I've linked the post where I announced the closing of the position http://boards.fool.com/Message.asp?mid=18952194and here's the relevant paragraph explaining why I closed it:=======================================================================All MO option postions closed this a.m. Prices exactly as yesterday's post. I did not think that there was much upside left and in any case with these positions closed we have the opportunity to write the options again. With them open I would not take the risk of writing more options.========================================================================That is I would not have risked writing more naked puts with the existing positions still openRegardsPhilip
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