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For once, I got the timing right by doing close to nothing. :) (I did, however, effectively sell off about a third of my position by shorting MNK when the equivalent price got to 90.)

I am also playing the merger arbitrage since it seems quite attractive at the current price and have stopped writing any new puts as the implied volatility is no longer that attractive. I haven't yet found an alternative for this with NQ not working out and EBIX doing okay but not being as attractively priced and as safe as QCOR once was. GALE might be the answer once they start being cash flow positive as the price is certainly attractive.
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