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RMBS Update

Bought back my short Nov 20 calls and rolled to Jan 20 for a credit of $1.85. Considered seeing if these will expire worthless this Friday, but decided that I do not want to take risk of a lot of IV disappearing after jury decision which could come at any time. Furthermore if Rambus loses the case the share price will tank, so this credit provides a lot of protection against that event. Still have 1/2 of my shares covered with strike 18 calls, will let those ride through expiration and see what happens.

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