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Jim --

I sold (to close) some $75 2014 calls today, maybe I sold to you!

I am taking the leverage out of my portfolio ahead of the election. I try to stay in the shares themselves most of the time, but let myself get levered up a bit for the last year or so. I will probably regret the trade, but had to make a risk-management decision to lock in the gains. If you bought my calls, I sincerly hope you get to exercise them considerably higher than $89.

VUC
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